5000 Route 120, Lac Baker

We have found 3 Houses that closely match the specifications of the property located at 5000 Route 120 with distances ranging from 2 to 7 kilometers away. The prices for these similar properties vary between 149,000 and 187,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the E7A1M4 postal code area of Lac Baker New Brunswick Canada.

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 5000 Route 120. The current price of the property is $149,000, 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 $119,200. This would result in a monthly mortgage payment of $697 over a 25-year amortization period.