Canadian mortgage calculators.

What are you planning? Start with buying, renewing, accessing equity or investing.

Buying

Estimate a payment, find your budget, plan the down payment and closing costs.

Start my buying plan →

PaymentPrice, down payment, and the amount you pay each period.

Open

Simple affordabilityIncome and a down payment. The quick price, before the stress test.

Open

What you qualify forIncome, debts, and the stress test.

Open

Insured or 20% downThe lower insured rate and the insurance premium, against putting 20% down.

Open

Closing costsRegional taxes, registration, and the other cheques on closing day.

Open

Bridge loanThe interest for the days between buying and the sale closing.

Open

Rent or buyThe wealth you have left after renting, against buying and later selling.

Open

First home savingsFHSA and the Home Buyers’ Plan, and the cash you still need.

Open

Renewing

Compare rates, plan a renewal, check a penalty or pay your mortgage down sooner.

Rate comparisonYour rate against today’s 5-year fixed, 5-year variable, and 3-year fixed.

Open

Fixed or variableWhat you save if the rate stays. What it costs if it doesn’t.

Open

Variable lock-inYour lender’s fixed offer against staying variable if the rate rises.

Open

RenewalThe payment when this term ends.

Open

Prepayment penaltyThree months of interest, or the rate differential.

Open

Extra paymentsHow much sooner a little extra finishes the mortgage.

Open

Blend and extendA blended rate to stretch the term, with or without new money.

Open

Accessing equity

Explore refinancing, a HELOC, a reverse mortgage or keeping the home after a separation.

RefinanceThe new payment, the cash out, and the penalty in the way.

Open

Second or HELOCPull cash out without giving up the first mortgage. Or refinance the whole thing.

Open

Reverse mortgageEquity for a homeowner 55 or older. No monthly payment. The balance grows.

Open

Spousal buyoutThe mortgage to keep the home and pay out the other share.

Open

Investing

Plan a second property or explore borrowing to invest and the risks involved.

Smith ManoeuvreTurn mortgage principal into a deductible investment loan. An estimate.

Open

Second propertyA rental or a cottage on top of the home you already pay for.

Open