Swift Current Mortgage Calculator

?
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
?
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
?
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

Swift Current Mortgage Calculator Examples

Welcome To 272 7Th Nw The Ideal Home For Both A Family Starting Out And Single Folks Alike! Showcasing Curb Appeal And Functionality In The Perfectly Manicured Exterior, Well-Sized Yard And Plentiful Updates. The Interior Has Been Remodelled For A Move In Ready Experience With Fresh Paint, Baseboards And Fixtures. Brand New Luxury Laminate And Vinyl Flooring Has Been Laid Throughout The Main Level As Well As A Complete Bathroom And Kitchen Renovation. No Detail Has Been Overlooked Including A Rustic Wood Feature Wall And Custom Modern Ceiling Features In Each Room. The Lower Level Is Open For Construction With Plenty Of Space For More Bedrooms / Large Family Room. Other Updates Include Shingles In 2016, A Freshly Refinished Deck And A 100 Amp Electric Panel. Dont Wait! Call Today For More Information Or To Book Your Personal Viewing. (Id:23934)
CALL1.877.896.6727
Property Price
$164,900
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$8,245
Mortgage Insurance ($)
$6,266
Mortgage Required ($)
$162,921
Best Mortgage Rate (%)
1.69%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$520
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$10,265
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$10,265
Monthly Payment
$666
The Choice For A First-Time Home Buyer Has Never Been Easier Than This Attractive Home On The Citys South Side. Its Affordability Is Second To None Considering Its Size, Updated Features And Location. The Front Entry Is Great For Keeping The Weather Off Of The Large, Bright Living Room. Just When You Think That Is Spacious, You Walk Past The Updated 4-Piece Bathroom And Into A Roomy Freshly Painted And Freshly Floored Kitchen, With Plenty Of Space For A Dining Room Table. From There You Can Walk Up To The Loft Bedroom That Also Has Tons Of Room As Well As A Walk-In Closet. The Basement Is Mainly Finished. The Laundry / Utility / Storage Area (Dont Miss The High-Efficient Furnace) Is To One Side And To The Other Is A Cozy Recreation Room And Then Another Bedroom. The Back Mud Room Opens Onto A Wrap-Around Deck And Into Your Fully Fenced Back Yard. There Is An Older Single Car Garage Plus Space In Behind It For Extra Parking. With A Quick Possession Available, You Could Be Lounging In Your Own Home On A Warm Summers Evening. Call Now To See This Cutie! Heat Cost Eq $85 / Mth. (Id:23934)
CALL1.877.896.6727
Property Price
$140,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$7,000
Mortgage Insurance ($)
$5,320
Mortgage Required ($)
$138,320
Best Mortgage Rate (%)
1.69%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$445
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$8,945
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$8,945
Monthly Payment
$565
Meticulously Cared For And Recently Renovated, This 1 1 / 2 Story Home Is More Than Suitable For A Young Family. The Main Side Entrance Opens To Generously Sized Mudroom, With Its Own Closet As Well As Room For A Bench And Additional Storage Solutions. The Porch Leads Into An Eat-In Kitchen With New Linoleum, A New Stove, And Ample Cabinetry Storage. Fresh Paint And Modern Laminate Plank Flooring Were Added In The Living Room As Well As In Both Bedrooms. Upstairs, The Entire Attic Was Recently Converted Into Livable Square Footage With New Insulation, Electrical, Drywall, Window, And Subfloor. The 7Ft Ceilings Serve As An Opportunity To Be Creative; Develop A Playroom, A Reading Nook, Or Perhaps An Artistic Space. Downstairs, A Quaint Workshop, A Half Bath, And A Laundry Area With A New Washer And Dryer, All Receive Natural Light From Four Basement Windows. Outside, The Private Fully Fenced Yard Provides Piece Of Mind For Parents As Children And Pets Can Play Safely. Other Recent Updates Include Replacing Most Of The Plumbing As Well As Installing New Linoleum In The Hallway And Main Bath. Call For More Information Or Your Personal Showing. (Id:23934)
CALL1.877.896.6727
Property Price
$129,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$6,450
Mortgage Insurance ($)
$4,902
Mortgage Required ($)
$127,452
Best Mortgage Rate (%)
1.69%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$412
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$8,362
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$8,362
Monthly Payment
$521
Are You Tired Of Looking At Condos That Are Worn And Needing A Face-Lift? Your Search Has Ended At 104-360 Cypress Drive! It Checks All The Boxes With It's Fresh And Modern Vibe And All You Have To Do Is Unpack. Boasting A Sunny West Exposure With Loads Of Natural Light, This Ground Level 2 Bedroom Condo Has All You Need! Step Into The Condo & You Are Greeted By A Bright Dining Area That Is Open To The Living Room. To Your Left Is The Kitchen With An Abundance Of Oak Cabinetry With White Appliances. A Laundry Room Is Super Convenient Off The Kitchen And Has Room For A Small Freezer And Additional Pantry Storage. 2 Bedrooms, Including A Very Spacious Master With A Walk-In Closet And 2 Piece En-Suite, A Good Sized Second Bedroom And A 4 Piece Bath. Now All About The Updates!! Since 2014 There Has Been 2 New Pvc Windows Installed In The Bedrooms, A New Wall Air Conditioner, A New Central Vac, New Carpets In The Living Room And Hallway, New Lino In The Bathrooms, Kitchen And Laundry Room, New Blinds, Several New Light Fixtures, Modern Paint Palate, Thermostat And Electrical Switch Plates...It Really Is Move In Ready! Comes With Underground Heated Parking! The Elevator Is Outside The Entrance As Is The West Entrance, So Super Handy For Hauling In Groceries! The West Facing Balcony Is Perfect For A Little Fresh Air Solitude And For Social Distancing Visits. Condo Fees Include : Common Area Maintenance, External Building Maintenance, Heat, Lawn-Care, Reserve Fund, Sewer, Snow Removal, Water, Insurance (Common) & Garbage. Don't Miss Out On This Well Priced Condo, Contact The Listing Agent To Set Up A Private Viewing Today! (Id:23934)
CALL1.877.896.6727
Property Price
$197,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$9,850
Mortgage Insurance ($)
$7,486
Mortgage Required ($)
$194,636
Best Mortgage Rate (%)
1.69%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$616
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$11,966
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$11,966
Monthly Payment
$795
Searching For A Family Home In The Trail Area Then Look No Further, This Beautiful 4 Bed / 4 Bath Home Is The Perfect Fit. Located On A Large Corner Lot, This Home Is Well Maintained And Spacious Inside And Out. On The Main Floor You Will Find A Large Living Room, Bright Kitchen / Dining Area With Beautiful Oak Cupboards, 3 Bedrooms With An En-Suite Off The Master And Main Floor Laundry. The Basement Offers A Huge Family Room, An Extra Bedroom , A 3 Piece Bath And A Convenient Kitchen / Utility Room. Features Of This Home Include Central Air, Central Vac,And Underground Sprinklers . Parking Will Also Never Be A Problem With A Double Drive, Garage And Rv Parking Spaces. Call Today To See This Great Home And All It Has To Offer! (Id:23934)
CALL1.877.896.6727
Property Price
$325,000
Minimum Down Payment (%)
5.00%
Minimum Down Payment ($)
$16,250
Mortgage Insurance ($)
$12,350
Mortgage Required ($)
$321,100
Best Mortgage Rate (%)
1.69%
Mortgage Type
5 Years Variable
Amortization
25 Years
Land Transfer Tax (LTT)
$1,000
Mortgage Insurance PST
$0
Lawyer Fee
$1,000
Title Insurance
$500
Total Cash Needed
$18,750
First Time Home Buyer
Land Transfer Tax Credit
$0
Cash Needed
$18,750
Monthly Payment
$1,312

Mortgages In Swift Current

A friendly and welcoming place, Swift Current should be on any home buyer's 'house hunting' list of places to live! The ideal sense of community and family is abundant here, and this place is an excellent environment to raise a family. Everything from small starter homes to ranchers & bungalows to sidesplits & backsplits to larger multi-level houses provides home buyers with a solid selection of real estate and a broad scale of price points. If and when you see a home that exceeds your expectations, and if you are contemplating a mortgage loan to make your offer and purchase, then a mortgage calculator will most certainly come in handy. A Swift Current mortgage calculator will take the mortgage loan amount that you have in mind and calculate it along with the anticipated interest rate, the start date of the loan, the frequency of the monthly payment, and the amount of years you wish to stretch the loan out for and give you the monthly payment amount. Some calculators will even factor in the mortgage loan product and other in-depth pieces of information, so using this and other mortgage-valuable tools will get you well on your way. Not sure which mortgage product would be right for you?
A mortgage loan product for Swift Current basically breaks a mortgage down to reflect the life of the loan. A mortgage product takes into account how the interest rate will be applied (and what the percentage will be), the amortization schedule (the timeframe it will take to pay off the loan in full), how often you will make a payment each month (biweekly or once a month), the start date, if there is an applicable down payment available, the financial standing of the borrower, and all the information on the home & property (its appraised value and so on). You will see by using a mortgage calculator how the numbers are crunched together to formulate the monthly payment amount you will pay. Mortgage products vary, so being up-to-speed on the difference between a variable rate mortgage, a fixed rate mortgage, an adjustable rate mortgage, a conventional mortgage, a hybrid mortgage and such will work in your favour. Lenders vary just as much as the mortgage products themselves, so it is also better for you if you can find a lender that will offer you the best deal for your new home. Home ownership is a big step, but being armed with the best lender will make the whole process go smoothly.