Calculate Your Mortgage
Affordability
Mortgage affordability is based on the household income and expenses of the applicant(s), and the expense of owning a home. The calculator shows the maximum purchase price that you can qualify for based on the information provided.
Calculate AffordabilityPayment
Figure out your approximate monthly mortgage payment based on the price of your mortgage and the rate of your interest and amortization schedule. Test how different rates may affect your monthly payments.
Calculate PaymentsPurchase
Estimate your monthly mortgage payment based on the price of the mortgage, interest rate, amortization schedule and your down payment. It’s important to know how a mortgage fits into your budget.
Calculate Purchase-
Affordability Calculator
Affordability Calculator
If you have any questions, please contact us. We are always here to help!
Total yearly earnings before taxes or deductions.$Total amount owing on all credit cards.$Monthly payment amount for your vehicle(s) loan.$Total amount owing on all lines of credit.$Total monthly payments toward other loans/debts.$The average annual total of property tax due.$Average monthly fees due to condo/strata toward building upkeep, etc.$ -
Payment Calculator
Payment Calculator
If you have any questions, please contact us. We are always here to help!
Total amount of the mortgage you intend to borrow.$Annual rate of interest on the mortgage amount.%The amount of time it will take a homeowner to pay off their mortgage. 25 years is the maximum amortization period for insurable mortgages in Canada. -
Purchase Calculator
Purchase Calculator
If you have any questions, please contact us. We are always here to help!
The price of the property you wish to mortgage.$Annual rate of interest on the mortgage amount.%Select dollar amount or percentage of your mortgage you intend to pay up front (input below).Select dollar amount or percentage of your mortgage you intend to pay up front (input below).$The percentage (%) or dollar amount ($) of your mortgage you intend to pay upfront (minimum 5% of the purchase price).The amount of time it will take a homeowner to pay off their mortgage. 25 years is the maximum amortization period for insurable mortgages in Canada.
