21 ELIZABETH ST E Creemore
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- Listed Since: May 20th 2020
Creemore - Red Brick Century Home In Center Of Charming And Vibrant Village. Large Eat-In Kitchen, Open Living/Dining Rm, Refinished Original Maple Floors, Huge Main Floor Laundry, Enclosed Side Porch, Front Veranda, Upper Balcony, Attached Garage With Inside Entry, All Waiting For You To Bring This Beauty Into The 21st Century While Maintaining The Charm Of Days Gone By. Don't Delay. Book Your Showing Today!**** EXTRAS **** Caution: First Step Into Cellar Is Deep. Watch Your Step. (id:23309)
- Address: 21 ELIZABETH ST E
- Location: CLEARVIEW
- Ownership: FREEHOLD
- MLS: S4765165
|Kitchen||Ground level||4.8 m x 4.83 m|
|Living room||Ground level||1.8 m x 8.31 m|
|Laundry room||Ground level||4.8 m x 4.8 m|
|Bedroom 2||Second level||3 m x 2.84 m|
|Bedroom 3||Second level||3.12 m x 2.84 m|
|Master bedroom||Second level||3.84 m x 3.51 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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