310 NEILLY RD Gilford
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- Listed Since: November 29th 2019
Beautiful 2-Storey Estate Next To Lake, Open Concept Main Floor, Two Master Brs, Custom Floorplan With 4 Large Bedrooms, Main Floor Laundry, Huge Lot, 12 Parking Spaces, Steps To Lake Simcoe And Beach, 2 Marinas, Golf Club, 10 Min To Hwy 400 And Tanger Outlet Mall, Only 40 Min From Toronto**** EXTRAS **** S/S Fridge, Stove, Dishwasher, Washer, Dryer, Fireplace, All Drapery And Rods (id:23309)
- Address: 310 NEILLY RD
- Location: INNISFIL
- Ownership: FREEHOLD
- MLS: N4644404
|Eating area||Main level||3.6 m x 3.3 m|
|Kitchen||Main level||3.6 m x 3.3 m|
|Dining room||Main level||3.9 m x 3.6 m|
|Family room||Main level||4.8 m x 4.8 m|
|Living room||Main level||3.9 m x 3.6 m|
|Bedroom 3||Second level||3.6 m x 4.2 m|
|Bedroom 4||Second level||4.5 m x 3.6 m|
|Master bedroom||Second level||3.9 m x 4.5 m|
|Master bedroom||Second level||4.8 m x 4.8 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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