N°01Tool
Mortgage calculator.
Adjust the price, down payment, interest rate, and amortization term to see the monthly payment. A starting point, not a substitute for a real mortgage pre-approval.
Canadian mortgages can be amortized up to 25 years (uninsured) or 30 years (insured, with restrictions). Fixed and variable rates available; this calculator assumes a fixed rate for simplicity.
For a real number on what you can afford and what rate you'll qualify for, ask us to introduce you to his mortgage broker.
Estimated monthly payment
$3,193
Down payment: $130,000 · Loan: $520,000
Estimate only. Lender rates and qualification rules change constantly. Excludes property tax, condo fees, and insurance. Always confirm with a mortgage broker before making decisions.