8140 8 LINE Utopia
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- Listed Since: October 31st 2019
Absolutely Stunning Custom Ranch Bungalow On 6.63 Acres & Across The Road From The Tiffen Centre With Thousands Of Acres Of Walking Trails & Nature. Totally Private With A Park Like Setting. Open Concept Home With Covered Patio Mention. Please Take The Video Tour.**** EXTRAS **** Stainless Appliances , Elf's, Water Softener, Window Coverings, Hot Tub, Pool Equipment. (id:23309)
- Address: 8140 8 LINE
- Location: ESSA
- Ownership: FREEHOLD
- MLS: N4622120
|Media||Lower level||5.52 m x 7.77 m|
|Games room||Lower level||5.93 m x 5.51 m|
|Family room||Lower level||13.41 m x 7.25 m|
|Exercise room||Lower level||5.25 m x 3.63 m|
|Bedroom 4||Lower level||3.63 m x 2.72 m|
|Bedroom 5||Lower level||3.63 m x 2.96 m|
|Bedroom 3||Main level||3.24 m x 4.18 m|
|Bedroom 2||Main level||3.33 m x 4.44 m|
|Master bedroom||Main level||5.84 m x 5.64 m|
|Kitchen||Main level||7.83 m x 3.77 m|
|Great room||Main level||13.83 m x 7.1 m|
|Office||Main level||3.22 m x 2.75 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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