6 BASSWOOD CIRC Shanty Bay
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- Listed Since: October 20th 2019
In Arbourwood Estates, This Beauteous, Classy Cozy Open Concept Home Will Impress. Almost An Acre Lot, Custom 4300 Sq Ft Bungalow Finished Top To Bottom, Triple Car Garage With Extra Storage Space. Entertainer's Dream! Master + Guest Ensuite's On Main Floor, +2 More Beds, 4 Full Baths,Main Floor Laundry With Garage Entry, 2 Beds On Lower Level, Interior Sound System, Huge Open Concept Theatre Room With F/P, B/I Bar, Games Room, Wine Cellar, Exercise Room ++**** EXTRAS **** Separate Entrance From Garage Into The Lower Level, Premium Private Treed Lot, New Composite Deck And Fully Enclosed Gazebo With Glass Sliding Doors/Windows, New Hot Tub, Wired For Music/Tv/Lights, Shingles Replaced In 2014, A Must See! (id:23309)
- Address: 6 BASSWOOD CIRC
- Location: ORO-MEDONTE
- Ownership: FREEHOLD
- MLS: S4612513
|Bedroom 5||Lower level|
|Family room||Main level||5.8 m x 5.1 m|
|Dining room||Main level||3.9 m x 3.5 m|
|Master bedroom||Main level||4.9 m x 4.6 m|
|Master bedroom||Main level||4.4 m x 8.2 m|
|Bedroom 3||Main level||3.6 m x 3.6 m|
|Bedroom 4||Main level||3.3 m x 3.6 m|
|Kitchen||Main level||3.3 m x 6.3 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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