35 CHESTNUT LANE Wasaga Beach
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- Listed Since: March 21st 2020
Stunning 2 Bdrm, 2 Bath, End Unit Bungalow In Wasaga Meadows 55+ Adult Lifestyle Community! Upgraded Top To Bottom Throughout! Kitchen W/Lrg Centre Island & Ss Appls, Open Concept Living/Dining W/Vaulted Ceilings Walks Out To Backyrd Deck W/Gas Bbq Hookup! Mster Bdrm With W/I Closet & Ensuite Washroom! Use Of Pools/Rec Centre! Includes Grass Cutting, Snow Removal Of Roads & Driveway, Window & Eavestroughs Cleaned Twice A Year!**** EXTRAS **** Existing Stainless Steel Fridge, Gas Stove, Microwave, B/I Dishwasher, All Elf, All Window Coverings, Garage Door Opener, Ac Unit, Retractable Awning.---- Excluded: Washer And Dryer. (id:23309)
- Address: 35 CHESTNUT LANE
- Location: WASAGA BEACH
- Ownership: FREEHOLD
- MLS: S4728540
Monthly Mortgage Payments
Thinking about buying 35 CHESTNUT LANE -- 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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