89 Reagan Street, Milverton
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- Listed Since: November 9th 2018
Feeney Design Build. Welcome to the wonderful community of Milverton. This 2 story plan has a great layout with an open main floor plan. Upstairs features 3 good sized bedrooms including a large master bedroom with a large ensuite and walk in closet. Call today for details. Feeney Design Build delivers exceptional quality and experience. Each build allows for above standard selections and a price to complete your home without all the upgrade surprises. Build with a Builder we can all trust. Other plans available in the subdivision. Feeney Design Build works with buyers on their own custom plans as well. (id:23309)
- Address: 89 REAGAN STREET
- Location: MILVERTON
- Ownership: FREEHOLD
- MLS: 30653119
|2pc Bathroom||Ground level|
|Living room||Ground level||12' 10'' x 8' 10''|
|Dining room||Ground level||12' 10'' x 10' 0''|
|Kitchen||Ground level||13' 3'' x 10' 6''|
|3pc Bathroom||Second level|
|Bedroom||Second level||13' 4'' x 16' 0''|
|Bedroom||Second level||13' 2'' x 11' 8''|
|3pc Ensuite bath||Second level|
|Master bedroom||Second level||16' 6'' x 13' 6''|
Monthly Mortgage Payments
Thinking about buying 89 Reagan Street -- 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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