Consumer Choice Award 2023–2027Mortgage Calculators
Run your own numbers on affordability, payment, penalty, equity and CMHC insurance — then let’s talk through what they mean for your situation.
Consumer Choice Award winner, four years running.
Affordability
See how much home you may qualify for, based on your income, debts and today’s stress-test rules.
Enter your numbers above, then press Calculate.
Estimates only — not advice, a quote, or an approval. Actual figures depend on your lender and situation. Assumes semi-annual compounding (the Canadian fixed-rate standard).
Mortgage Payment
Estimate your monthly, bi-weekly or weekly payment on a purchase price, down payment and rate.
Enter your numbers above, then press Calculate.
Estimates only — not advice, a quote, or an approval. Actual figures depend on your lender and situation. Assumes semi-annual compounding (the Canadian fixed-rate standard).
Penalty Estimate
Get a rough sense of what breaking your mortgage early could cost, before you call your lender.
Enter your numbers above, then press Calculate.
Estimates only — not advice, a quote, or an approval. Actual figures depend on your lender and situation.
Home Equity
See how much equity you’ve built and how much may be available through a HELOC.
Enter your numbers above, then press Calculate.
Estimates only — not advice, a quote, or an approval. Actual figures depend on your lender and situation.
CMHC Insurance
Estimate the mortgage default insurance premium on a purchase with less than 20% down.
Enter your numbers above, then press Calculate.
Estimates only — not advice, a quote, or an approval. Actual figures depend on your lender and situation. In some provinces (Ontario, Quebec, Manitoba, Saskatchewan), provincial sales tax applies to the premium and is paid at closing.
Went through Mark as my mortgage broker, he was very easy to work with and gave exellent advise on how proced with my mortgage. He was well informed with today's housing market, and was available to talk whenever I had a question. I would have no problem recommending mark to anyone who is looking for a mortgage broker.
Mark helped my partner and I get our first home 5 years ago. He advised us on the goverment supports for first time buyers. Mid the five-year mortgage cycle, he advised us on the right steps to follow to prepare for the mortgage maturity period and take the best advantage of our finances to get our second home and keep the first one as an investment…
Want a second set of eyes on the numbers?
These calculators give you a starting point. I’ll help you turn it into an actual plan.
Consumer Choice Award 2023–2027 · Since 2004