41 CHESTNUT HILL CRESCENT, Tara
- Listed Since: January 3rd 2019
Located in Chestnut Hill Estates in the Village of Tara, this spacious building lot would be a great place to build a new home. The lot is approximately 82 ft. x 133 ft. rectangular in shape. Tara offers municipal water and sewer services, as well as garbage pick up, natural gas, and the convenience of small town living. Tara is a short drive to Saugeen Shores, Owen Sound, or Wiarton and a convenient commute to Bruce Power. There is always lots to do in this community that has a thriving downtown, churches, clubs, sports activities, elementary school and more. (id:23309)
- Address: 41 CHESTNUT HILL CRESCENT
- Location: TARA
- Ownership: FREEHOLD
- MLS: 142729
Monthly Mortgage Payments
Thinking about buying 41 CHESTNUT HILL CRESCENT -- 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.
The mapping for this listing was provided by Google Maps and if an address could not be determined than an approximation could have been made.
- Arran Tara Elementary School
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