Here's an amazing 10+ acre property cleared, terraced with a drilled well, hydro at lot line and ready to build. Property has three terraced levels with the main purposed building site on the upper level with a great view to the South and West. Borders on large acreage to the south. Very private rural setting located 1/2 way between Houston and Burns Lake. (id:66934)
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Required here to estimate an insured 30-year mortgage; your lender must confirm eligibility.
Estimate, not an approval. Taxes, strata fees and other ownership costs are extra.
Calculation details & assumptions
Mortgage insurance added
Starting mortgage
Balance at term end
Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.
Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.
Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.
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