807 SUNCREST Circle Collingwood Ontario
Up to 30 photos available.
Stunning 2 storey 1042 square foot 'Jasper' model in amenity rich Lighthouse Point. Many upgrades including Napoleon gas fireplace, California shutters in select areas, crown molding, pot lights, hardwood floors on main level, ceramics, renovated kitchen and bathrooms, and neutral decor. Just painted with Benjamin Moore throughout. Move in condition with some furnishings available upon request. Two air conditioning units included. Condo fees include full use of recreational facilities on site that includes the use of three saltwater pools, 9 tennis courts, mini golf, kids play ground, clubhouse and private beach areas. A must see and well cared for quality unit. BLINK AND YOU'LL MISS IT!!..Call now for your personal viewing. NON BOARD MEMBERS MUST EMAIL SHOWING REQUISITIONS.
Collingwood -- Extreme Seller’s Real Estate Market
Monthly Mortgage Payments at 2.34
Thinking about buying this condo in Collingwood -- lets calculate some mortgage payment options and see if purchasing this condo can become a reality.
- Down Payment
The amount of money you pay up front to obtain a mortgage. The minimum down payment is 5% and for down payments of less than 20%, home buyers are required to purchase mortgage default insurance, commonly referred to as CMHC insurance.
- Mortgage Insurance
Mortgage default insurance, commonly referred to as CMHC insurance, protects the lender in the case the borrower defaults on the mortgage. Mortgage default insurance is required on all mortgages with down payments of less than 20%, which are known as high ratio mortgages. Mortgage default insurance is calculated as a percentage and is applied to your mortgage amount.
- Mortgage Rate
The rate of interest you will pay on the outstanding balance of your mortgage.
- Mortgage Type
The mortgage type includes the term of the mortgage, between 1 to 10 years and the rate type, variable or fixed. The mortgage term is the length of time you commit to the terms, conditions and mortgage rate. The mortgage rate type can be fixed for the duration of the term or variable, fluctuating with the prime rate. Fixed rates are most popular and represent 66% of all mortgages, according to the Canadian Association of Accredited Mortgage Professionals.
These mortgage estimates are provided by Sharon Vanderschot from Mortgage Alliance.