Lot 5 Emmas Place, Flatrock

We have found 6 Houses that closely match the specifications of the property located at Lot 5 Emmas Place with distances ranging from 2 to 10 kilometers away. The prices for these similar properties vary between 249,900 and 550,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the A1K1C8 postal code area of Flatrock Newfoundland Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at Lot 5 Emmas Place. The current price of the property is $399,900, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $319,920. This would result in a monthly mortgage payment of $1,870 over a 25-year amortization period.