5393 SIXTH LINE, Erin
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- Listed Since: August 10th 2018
Feel Like You Live In The Country Minutes For The Village Of Erin And A Short Commute To Halton, Guelph, Orangeville And Caledon. This Large Bungalow With Walk Out Is Built Into The Hill. With Large Deck To Multiple Entrances, 2 Car Garage And Large Rec Room And Bedroom On Bottom Level Great For Family Or Adult Children. Lots Of Area To Play For The Kids And Schools Are Just Down The Road.**** EXTRAS **** . 2 Large Bedrooms On Main , Dinning And Eat In Kitchen. Laminate And Hardwood Floors, Patio Door Exit To The Large Deck Perfect For Entertaining Or Your Quiet Coffee In The Morning.\ Newer Furnace 2017 And New Hwt Tank2018 (id:23309)
- Address: 5393 SIXTH LINE
- Location: ERIN
- Ownership: FREEHOLD
- MLS: X4215804
|Bedroom 3||Lower level||6.7 m x 3.6 m|
|Bedroom 2||Main level||3.96 m x 2.74 m|
|Master bedroom||Main level||3.96 m x 2.74 m|
|Other||Main level||2.92 m x 2.4 m|
|Kitchen||Main level||2.66 m x 2.87 m|
|Dining room||Main level||2.8 m x 3.35 m|
|Living room||Main level||6.4 m x 5.18 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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