399 Russ Howard Drive Midland
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- Listed Since: April 3rd 2020
Top 5 Reasons You Will Love This Home: 1) Beautifully finished home boasting upgraded, modern finishes 2) Executive master bedroom presenting an abundance of closet space, and partial views of Little Lake 3) Large, flowing layout, ideal for seamless entertaining 4) Nestled in a fantastic, newer subdivision, only steps from Little Lake 5) Centrally located, with easy access to a selection of amenities and commuter routes. 1,958 fin.sq.ft. Age 4. For info, photos & video, visit our website. (id:23309)
- Address: 399 RUSS HOWARD DRIVE
- Location: MIDLAND
- Ownership: FREEHOLD
- MLS: 30800736
|Dining room||Ground level||6.1m x 3.05m|
|Kitchen||Ground level||4.95m x 3.25m|
|Laundry room||Ground level||2.54m x 1.68m|
|2pc Bathroom||Ground level|
|Family room||Ground level||6.71m x 3.89m|
|Master bedroom||Second level||6.86m x 4.47m|
|Bedroom||Second level||4.17m x 2.9m|
|Bedroom||Second level||4.42m x 2.9m|
|4pc Bathroom||Second level|
|4pc Ensuite bath||Second level|
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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