2013 Spence Road, Palmer Rapids

We have found 2 Houses that closely match the specifications of the property located at 2013 Spence Road with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 489,900 and 499,999, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the K0J2E0 postal code area of Palmer Rapids Ontario Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 2013 Spence Road. The current price of the property is $389,000, 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 $311,200. This would result in a monthly mortgage payment of $1,819 over a 25-year amortization period.