136 PETERS CRES, Flesherton
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- Listed Since: September 14th 2018
For More Information About This Listing, More Photos & Appointments, Please Click ""View Listing On Realtor Website"" Button In The Realtor.Ca Desktop Version Or Mobile Device App.**** EXTRAS **** Welcome To The ""Lakehouse"" 2300 S.F Finished Living Space; 2300 S.F Unfinished Living Space - Potential 3 Separate Units. 9'Ceilings, 8'Doors, Curved Ceilings, Limestone Floors & More. Only 1.5 Hrs. Nw Of Gta. A Nature Lovers Paradise. (id:23309)
- Address: 136 PETERS CRES
- Location: GREY HIGHLANDS
- Ownership: FREEHOLD
- MLS: X4247450
Monthly Mortgage Payments
Thinking about buying 136 PETERS CRES -- lets calculate some payment options and see if purchasing this home 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.
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