583599 SIDE ROAD 60 Williamsford Ontario
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4 country acres boasting a beautiful spacious raised bungalow in move-in condition set back from the paved road, providing lots of privacy, backing to country property and the western side is open fields...to the east a neighbour. There is room for everyone with 3 upper bedrooms and 2 lower bedrooms. In-law potential. Master bedroom with cheater ensuite, lots of natural lighting and especially with larger windows on lower level. Spacious rec room with new pellet stove in 2015 providing a cozy atmosphere. Spacious foyer at front door with walkout to backyard and provides inside entry from attached double garage. Must be seen! Pond.
Williamsford -- Balanced Real Estate Market
|Bath (# pieces 1-6)||Lower level||4PC|
|Family room||Lower level||27'X18'6 IRREG.|
|Bath (# pieces 1-6)||Main level||4PC|
|Dining room||Main level||12X12|
|Living room||Main level||24'6X15|
|Master bedroom||Main level||16X11'6|
Monthly Mortgage Payments at 2.34
Thinking about buying this home in Williamsford -- 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.