Mortgage Tools

Mortgage tools

Three calculators to put numbers on your project: the payment, what you can afford, and the welcome tax. Calculations follow Canadian semi-annual compounding and the current stress test.

Mortgage payment calculator

Purchase price

Down payment

Minimum down payment at this price: $25,000

Annual interest rate (%)

Amortization (years)

yrs

Payment frequency

Payment

$2,278.83

per month

Loan amount: $400,000
CMHC insurance premium added: $0
Total borrowed: $400,000
Total interest: $283,650
Total repaid: $683,650

Balance over time

025

Estimates only, for information purposes. This is not an offer of credit or a pre-approval.

A number surprising you?

The calculators give you an order of magnitude. A conversation gives you the exact picture.