552 ALFRED ST, Ripley
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- Listed Since: May 16th 2018
A Charming Four Season 3 Bedroom Cottage/Home On Quiet Street Surrounded By Nature Within A Short Walk To The Blue Water And Sandy Beach. On A Lovely Sunny Large Lot Surrounded By Mature Forest. Recently Renovated, Including New Kitchen, Bathroom, Flooring, Plumbing/Septic, Electrical, Shingles. New Detached Rv/Toys Garage. Enjoy The Bbq On The Side Open Deck, Or The Coziness Of A Fully Covered Front Deck. (id:23309)
- Address: 552 ALFRED ST
- Location: HURON-KINLOSS
- Ownership: FREEHOLD
- MLS: X4129062
|Living room||Main level|
|Dining room||Main level|
|Bedroom 3||Main level|
|Bedroom 2||Main level|
|Master bedroom||Main level|
|Eating area||Main 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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