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Mortgage Calculator

Below is a simple mortgage calculator and should only be used as a rough guide to estimating how much one can afford to spend on a home or property.

At the bottom of the page there will be links to various Canadian banks and their current mortgage rates. Be aware that a good credit rating will allow you to get better than advertised rate.
(i.e. if you have an excellent credit rating the Bank may present you with a mortgage that is 0.5% LESS than their PUBLISHED rate on their web site)

Price
Interest rate
Taxes per year
Insurance per year
Downpayment
Years
 

Monthly Mortgage

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