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Home / Mortgage Calculator

— Canadian calculator

Estimate your real mortgage payment.

Built for Canada — semi-annual compounding, your payment frequency, taxes, condo fees and heat included. Adjust any block and watch your numbers update live.

Mortgage Payment Calculator

Estimate your real Canadian mortgage payment.

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Our current rates
Payment Frequency

Home Expenses & Income Calculate your total monthly cost
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If you plan to rent out part of your home, enter the rent here to reduce your total monthly cost.

Income & Debts Used for debt service and required income
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Credit cards, car loans or leases, lines of credit, support payments.

Pre-Payments Calculate your savings with pre-payments
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Closing Costs Adjust the estimated ancillary costs
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Mortgage Payment $0
Total Monthly Cost $0
Mortgage Amount $0
Cash to Close $0

    Term Results

    Required Income $0
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    Results are estimates for illustration only and do not constitute a mortgage approval or an offer to lend. Rates and rules are subject to change. Contact us for a personalised quote.

    -Good to know

    How Canadian mortgage math works

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    Semi-annual compounding

    Unlike the US, Canadian fixed mortgages compound twice per year — this calculator reflects that, so your estimate is realistic.

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    Accelerated payments

    Switching to accelerated bi-weekly adds one extra monthly payment a year — and can shave years off your amortization.
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    The stress test

    Lenders qualify you at the higher of your rate +2% or 5.25%. We’ll confirm the figure that actually applies to you.

    — Numbers look good?

    Turn an estimate into a real approval.

    We’ll confirm your actual rate and payment in writing — and shop 50+ lenders to beat it if we can.
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