1270 HARRINGTON ST, Lefroy
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- Listed Since: November 9th 2018
Brand New House With Finished Basement Apartment For Extra Income, Separate Entrance To The Basement. Large 4 Bedrooms, Each Room Has Its Own 3 Piece Bathroom. Open Concept, 9Ft Ceiling, Separate Famiy Room. Separate Side Door Entrance. One Of The Biggest House In Lefroy Community.**** EXTRAS **** Basement Is Leased For $1200 Per Month. Lease End Nov 2019, Basement Has Separate Entrance. Neither Agent Nor Seller Represents Nor Warrant Basement Retrofit Status (id:23309)
- Address: 1270 HARRINGTON ST
- Location: INNISFIL
- Ownership: FREEHOLD
- MLS: N4299897
|Family room||Main level||4.23 m x 3.33 m|
|Dining room||Main level||6.2 m x 3.78 m|
|Kitchen||Main level||6.2 m x 3.78 m|
|Living room||Main level||4.82 m x 3.48 m|
|Bedroom 3||Second level||4.32 m x 3.32 m|
|Bedroom 2||Second level||3.62 m x 3.32 m|
|Master bedroom||Second level||4.64 m x 4.03 m|
|Bedroom 4||Second level||4.8 m x 4.54 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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