48 CLOVERHILL CRES Cookstown
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- Listed Since: November 13th 2019
Luxurious New Build Home.Over 5000Sqft,4Car Grg(Tandem),5Bdrm&5Washrm.Grand Exterior W/Circ.Driveway That Can Accommodate 15Cars.Situated On Large Premium Lot(76X226Ft).5Mins From Hwy 400&Outlet Mall.Gracefully Decorated Interior W/ Over150K Upgrades,Inls10'Ceiling On Main&9'Ceiling On 2nd Flr,Built-In App,Chandelier Lighting,Hrdwood Flr,Stacked Upper Cabinets,Crown Molding,Glass Shower Encl.Fresh Paint In 1st Flr&New Install Fenced Backyard**** EXTRAS **** A/C, Fsh Air Exchanger, Window Covering, Security Alarm & Cameras, And Gazebo. Excl: Wall Mounted Clock & Mirrors. (id:23309)
- Address: 48 CLOVERHILL CRES
- Location: INNISFIL
- Ownership: FREEHOLD
- MLS: N4633334
|Great room||Main level||6.23 m x 3.96 m|
|Library||Main level||3.96 m x 3.35 m|
|Living room||Main level||5.18 m x 3.99 m|
|Dining room||Main level||4.99 m x 3.96 m|
|Kitchen||Main level||3.23 m x 5.46 m|
|Eating area||Main level||4.72 m x 4.87 m|
|Bedroom 5||Second level||4.57 m x 5.42 m|
|Bedroom 4||Second level||5.42 m x 3.96 m|
|Bedroom 3||Second level||3.96 m x 5.85 m|
|Bedroom 2||Second level||5.11 m x 4.14 m|
|Master bedroom||Second level||6.4 m x 4.87 m|
Monthly Mortgage Payments
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- 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.
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