75 MEADOWLARK Boulevard Wasaga Beach Ontario
Up to 30 photos available.
All brick 2150 sq ft home fully finished with over 3600 sq ft in total, 3 bedrooms up and 2 bedroom in lower level & 3 full bathrooms. This home has everything you need and more, new granite countertop & backsplash in kitchen, 2 gas fireplaces, walkout basement to inground saltwater pool, interlocked around pool and walkway, fully fenced in yard, covered deck off kitchen, gas hook up for BBQ. Large foyer and main floor laundry plus a office, new furnace installed 2016, reverse osmosis system, 5 appliances included. Call for a personal showing! Seller direction will be looking at offers on May 23rd at 4pm.
Wasaga Beach -- Seller’s Real Estate Market
Monthly Mortgage Payments at 2.34
Thinking about buying this home in Wasaga Beach -- lets calculate some mortgage 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.
These mortgage estimates are provided by Sharon Vanderschot from Mortgage Alliance.