Close Icon Estimated Mortgage Payment* Interest Rate (4.59%) 0 2 4 6 8 10 0 2 4 6 8 10
Mortgage Length (25 Years) 10 15 20 25 30 10 15 20 25 30
Percentage of Down Payment (20%) 0 10 20 30 40 50
Estimated Monthly Payment (principal and interest only): $5,000
Any price for a home in Ontario listed on Mattamy’s website includes an estimated amount for the temporary Ontario enhanced new housing HST rebate. This pricing assumes that the purchaser meets all eligibility criteria for the rebate. If the purchaser is not eligible, the rebate will not apply and the purchaser may be responsible for a higher purchase price without the benefit of the rebate.| *Default calculation results are hypothetical and may not apply to your individual situation. Mortgage length is the time it would take to repay your mortgage in full. This is also known as the amortization period. This calculator provides approximations based on the inputs you have selected and is for information purposes only. Actual payment amounts will be provided by your lender and will likely vary depending on your eligibility for various mortgage products and current interest rates. The calculation results are not intended to provide financial, legal or tax advice, and should not be relied on when making financial decisions. This is not a commitment to lend. Mortgages with downpayments less than 20% are considered insured and will require mortgage default insurance, which will impact monthly payments. Estimated monthly payment shown is principal and interest (P & I) only and does not include real estate taxes, homeowners insurance, mortgage default insurance premiums, homeowner’s association dues or maintenance fees, so total monthly payments related to your home and mortgage will be higher. You should consult your lender to determine what actual mortgage rate and other payments would apply to your desired home based on your individual circumstances. Home prices on which calculation results are based may not include lot premiums upgrades and options, all of which may increase the price of the home and change calculation results. Not all products and options are available in all Mattamy Homes community locations across Canada.
