MORTGAGE CALCULATORS

Mortgage Payment Calculator

Estimate your mortgage payments and see how your down payment, interest rate and amortization can affect your payment.

Mortgage Details

Purchase Price

$

Down Payment

$

%

Interest Rate

%

Amortization

Payment Frequency

Change any of the values above to instantly update your estimated payment.

Estimated Mortgage Payment

$0

per month

Purchase Price $0

Down Payment $0

Base Mortgage $0

Estimated Default Insurance $0

Estimated Mortgage Amount $0

This calculator is provided for general informational and illustrative purposes only. Results are estimates and do not constitute mortgage approval, a commitment to lend, or financial advice. Actual mortgage eligibility, interest rates, payments, default insurance premiums and qualification requirements may vary by lender, insurer, borrower and property. Contact a mortgage professional for advice specific to your situation.

Mortgage Affordability Calculator

Get a quick estimate of how much home you may be able to afford based on your income, down payment, monthly debts and housing expenses.

Your Financial Details

Gross Annual Household Income

$

Down Payment

$

Other Monthly Debt Payments

$

Include car loans or leases, credit cards, lines of credit, student loans and other recurring debt obligations.

What type of property are you considering?

Will you own another property when you purchase this home?

No Yes

Other Property Expenses

Enter the expenses for the property you will continue to own.

Monthly Mortgage Payment

$

Annual Property Taxes

$

Monthly Condo Fees

$

Enter $0 if there are no condo fees.

Monthly Heating Costs

$

Estimated Home Affordability

$0

estimated maximum purchase price

This is an estimated affordability amount based on the information you provided and standard mortgage qualification guidelines. A 25-year amortization and current qualifying-rate assumptions are used, along with estimated property expenses based on the type of home selected.

The Calculator Doesn't Tell the Whole Story!

Every situation is different. I work with multiple lenders and take a “think outside the box” approach to finding mortgage solutions. If the number above isn't quite where you need it to be, let's explore your options.

This calculator is provided for general informational and illustrative purposes only. Estimated affordability uses assumed property taxes, heating costs and, where applicable, condo fees based on the property type selected. Actual expenses, borrowing capacity and qualification requirements may vary by property, lender and borrower. Results do not constitute mortgage approval or a commitment to lend.

Mortgage Refinance & Home Equity Calculator

See how much equity you may be able to access from your home and explore how refinancing could help you reach your financial goals.

Your Property Details

Estimated Property Value

$

Enter your best estimate of your home's current market value.

Current Mortgage Balance

$

Other Debts You'd Like to Consolidate (Optional)

$

Include credit cards, lines of credit, personal loans or other debts you may want to consolidate through a refinance.

Estimated Available Equity

$270,000

potentially available to access

How is this estimated?

In Canada, you can generally refinance your mortgage up to 80% of your home's appraised value. In most cases, an appraisal is required to confirm the property's current value.

If You Consolidate Your Debts

Debts to Consolidate $0

Estimated Equity Remaining $0

Put Your Home Equity to Work

Refinancing can be used for more than debt consolidation. You may be able to access your home's equity for renovations, investments, major expenses or other financial goals.

This calculator is provided for general informational and illustrative purposes only. Estimated available equity is based on refinancing up to 80% of the property's estimated value and does not account for penalties, fees, closing costs or other expenses. Actual property value, available equity, borrowing capacity and qualification requirements may vary by property, lender and borrower. An appraisal may be required. Results do not constitute mortgage approval or a commitment to lend.