Grenfell Mortgage Calculator

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Enter the amount that you are planning on paying for the property
Property Value
STEP 1
Enter property purchase price
Haven't found a property to purchase yet?
Option #1
Option #2
Option #3
Option #4
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Enter the amount that you will pay upfront
toward the property to obtain a mortgage
Down Payment
?
CMHC mortgage insurance is required on all
mortgages with down payment less than 20%
Mortgage Insurance
+
$19,000
$13,950
$11,900
$0.00
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Total mortgage amount is calculated by subtracting
the down payment from the property price and adding
CMHC mortgage insurance (if applicable)
Mortgage Required
=
$494,000
$463,950
$436,900
$400,000
?
Amortization period is length of time that it would take
the mortgage holder to pay off the mortgage in full
Amortization Period
?
Please select the province where you are planning
on taking out the mortgage, as mortgage rates can
vary in different provinces
Select Province
STEP 2
Select province to get current
mortgage rates
?
Mortgage type specifies whether the interest
rate is variable or fixed
Mortgage Type
?
Mortgage term is the duration of time that you
are committed to a lender, rate and conditions
Mortgage Term
?
Mortgage rate is the interest rate that you will
be paying on the outstanding balance for the
duration of the mortgage term
Mortgage Rate
Select
Select
Select
Select
STEP 3
Select one of the mortgage
rates currently available
?
Please select how often you would like
to make your mortgage payments.
Payment Frequency
?
Mortgage payment is the amount that you will be
required to pay based on your mortgage terms
Mortgage Payment
?
This is an estimate of how much you should expect
to spend upfront in order to make this purchase
Cash Needed
Down Payment
$25,000
$50,000
$75,000
$100,000
Mortgage Insurance PST
+
$0
$0
$0
$0
Lawyer Fee
+
$1,000
$1,000
$1,000
$1,000
Title Insurance
+
$500
$500
$500
$500
Land Transfer Tax
+
$1,525
$1,525
$1,525
$1,525
Total Cash Needed
=
$28,025
$53,025
$78,025
$103,025

Contact Us

First Name
Last Name
Email
Phone
Message (Optional)
OR CALL
1.877.896.6727

Grenfell Mortgage Calculator Examples

Welcome To 917 Pheasant Street. This 888 Square. Ft 2 Bedroom Bungalow , 1 Bath Has Great Potential To Be A Starter Home Or If You Are Down Sizing. Main Floor Laundry Is A Great Asset And Having The Attached Garage Is A Real Bonus To This Property. Located On A 75' X 135' Lot With A Garden Space And Enjoy The Outdoors Sitting In The Backyard Where There Is A Quaint Patio Area. Call Listing Agent For A Tour Of This Bungalow , Where Your Next Chapter Can Be Begin! (Id:23934)
CALL1.877.896.6727
Property Price
$89,500
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$4,475
Mortgage Insurance ($)
$3,401
Mortgage Required ($)
$88,426
Best Mortgage Rate (%)
1.54%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$293
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$6,268
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$6,268
Monthly Payment
$355
Why Rent When You Can Own This Cute 848 Square. Ft Home On A Beautiful Lot (120' X 125') In A Quiet Neighborhood Of Grenfell. This Home Has 3 Bedrooms , 2 Bathrooms With A Great Finished Basement (2015). The Added Porch Is A Good Space For Storage Before Entering The Home. The Open Kitchen And Dining Are Bright Facing The West. The Living Room Would Make For A Good Entertainment Space With Newer Laminate Flooring. There Are 2 Bedrooms On The Main Floor , With The Master Being A Great Size (14' X 11'). Downstairs Has Been All Updated (New Carpet, Painted And Doors, Trims) In 2015 And Hosts A Recreation Room , 1 Bedroom, 1 - 3 Piece Bath And An Office, Laundry And Utility Room With Lots Of Storage. Outside In This Treed Yard You Will Find A Single Detached Garage (22' X 14') With A Concrete Floor. Weeping Tile On 3 Walls In The Basement. The Driveway Has Lots Of Room For Parking. The Exterior Of The Home Has Vinyl Siding And Metal Roof For No Maintenance. For Added Comfort The Home Has Central Air , New Furnace In 2013. Appliances Come With The Sale (Gas Stove, Fridge, Newer Washer And Dryer). What's Stopping You From Starting Your New Beginning In This Great Solid Home? (Id:23934)
CALL1.877.896.6727
Property Price
$119,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$5,995
Mortgage Insurance ($)
$4,556
Mortgage Required ($)
$118,461
Best Mortgage Rate (%)
1.54%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$385
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$7,880
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$7,880
Monthly Payment
$476
808 Francis St. Check Out This Solid 1950 Bungalow With 1120 Square Feet. This Home Has 3 Bedrooms On The Mainfloor And 1 4- Piece Bath. Good Size Living Room And Dining Room To Entertain The Whole Family. The Basement Has Been Partially Finished And Is A Very Usable Dry Space. The Exterior Has Had Extensive Upgrades With A New Metal Roof And Vinyl Siding And New Step. A Single Detached Garage Is In Good Condition And Is Nice To Have In Our Canadian Winters. Lots Of Parking On The Property. Looking For An Investment Property Or Want A Little Project With Great Potential? Take A Look At This And Don't Judge Until You Have Walked Through It! More Pics To Come Very Soon! (Id:23934)
CALL1.877.896.6727
Property Price
$69,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$3,495
Mortgage Insurance ($)
$2,656
Mortgage Required ($)
$69,061
Best Mortgage Rate (%)
1.54%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$235
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$5,230
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$5,230
Monthly Payment
$277
Good Value Here For This Well Built 1975 Bungalow And 2 Garages. The One Garage Is 24' X 26' Attached And The Other New In 1998 Is 24 'X 30' . No Shortage Of Storage Inside Or Out With This Property. Back Lane Access Is An Asset .When You Enter The Home You Will Find A Good Size Bright Kitchen With A Pantry For All Your Groceries. Garden Doors Take You To The Outside Patio Off The Dining Room. Entertain Your Family In The Living Room (20 X 14) With A Large Bay Window And Hardwoods Floors. Down The Hall Your Will Find 3 Bedrooms ( 1 Master With A 1 / 2 Bath) And A Large 4 Piece Bath. All The Interior Doors Have Been Updated. This Is A Great Home For Your Family Or A Retired Couple. Downstairs Provides For Extra Recreation Space And Tons Of Storage, Even A Wine Cellar. The Flooring Has All Been Redone With Vinyl Plank (Mildew Resistant) Flooring. The Furnace With Central Air Has Been Replaced In 2007. Gas Water Heater In 2010. Make Life Easy With Central Vac. The Exterior Has All Been Upgraded With All New Windows, Stucco And Asphalt Shingles.This Home Has Been Well Cared For And Needs Your Family. So Many Assets And The Pictures Really Do Not Do It Justice. Come Take A Personal Tour Of What Could Be Your Next Chapter In Life. Call Listing Agent For More Details! (Id:23934)
CALL1.877.896.6727
Property Price
$269,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$13,450
Mortgage Insurance ($)
$10,222
Mortgage Required ($)
$265,772
Best Mortgage Rate (%)
1.54%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$832
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$15,782
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$15,782
Monthly Payment
$1,067
Are You Retired Or Single Looking For A Great 2 Bedroom Home? This Home Is Close To The Downtown For The Convenience Of Shopping Or Going For Coffee. The Kitchen Has Oak Cupboards And Lots Of Them With A Pantry And Is Very Functionable For The Size Of It. Living Room Has Original Hardwood Under The Carpet And Is Comfortable Space To Enjoy Watching Tv Or Entertaining. 2 Bedrooms Upstairs With A 1 / 2 Bath On The Main Floor. Downstairs You Will Find A Extra Bedroom And A 3 Piece Bath And Also A Good Recreation Room Size For Extra Entertaining Space. The Laundry Could Be Brought Upstairs For Convenience. Solid Home With Some Neat Features Like The Original Hardwood Doors And Trims. Shingles New In 2014. This Home Is Easy To Heat With An Mid Efficient Furnace. Corner Lot With A 19'X 22' Garage Is A Great Asset. Priced To Sell So Come Take A Look A This Property. (Id:23934)
CALL1.877.896.6727
Property Price
$67,500
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$3,375
Mortgage Insurance ($)
$2,565
Mortgage Required ($)
$66,690
Best Mortgage Rate (%)
1.54%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$227
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$5,102
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$5,102
Monthly Payment
$268