903 PARKPLACE Kincardine
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- Listed Since: May 20th 2020
Custom Built Dream Home In Heritage Heights. Over 3900 Sq Ft Of Living Space On An Almost 1/2 Acre Private Treed Lot. Enjoy Three Seasons In The 13 X 23 Ft Covered Outdoor Room. This House Features An Open Concept Main Floor And Three Bedrooms On The Second Floor. The Master Suite Includes A Five Piece En-Suite And A Spacious Walk-In Closet. The Finished Basement Has A Fourth Bedroom, Full Bathroom, Large Family Room And Games Room.**** EXTRAS **** Weather Is Never A Concern With The Generac Standby Generator And The Inground Sprinkler System. With High-End Finishes This House Is A Must See! => More Info=> Click Below=> 'More Information' Or 'Multimedia' On Mobile. (id:23309)
- Address: 903 PARKPLACE
- Location: KINCARDINE
- Ownership: FREEHOLD
- MLS: X4765664
Monthly Mortgage Payments
Thinking about buying 903 PARKPLACE -- 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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