Mortgage Calculators

Mortgage Payment Calculator

Calculate how your mortgage payments will fluctuate under different down payment scenarios, and with various mortgage rates and amortization periods. Use our mortgage rate selector to find the best mortgage rate on the market today.

CMHC Insurance Calculator

Mortgage default insurance, otherwise known as CMHC insurance, is mandatory for Canadians with high-ratio mortgages – those with down payments between 5% and 19.99%. It is calculated as a percentage and added to your mortgage loan.

Land Transfer Tax Calculator

Land transfer tax (LTT) varies from province-to-province, and an additional municipal land transfer tax is levied by the City of Toronto. However, first-time homebuyers in Ontario and British Columbia may be eligible for a full or partial refund of the tax. Use our LTT calculator to determine how much you will have to pay with your next home purchase.

Affordability Calculator

Determine how much you can afford to borrow from a lender for a mortgage, by inputting your income and monthly expenses, as well as the funds you have available for a down payment and your closing costs. Our calculator below will show you the maximum purchase price you can afford.

Historical Mortgage Rates Charts

Before you establish the terms of your Mortgage, its often helpful to take a look at where rates have been in the past and how fluctuating market conditions can effect your payments going forward.  Use the “Historical Mortgage Rates Chart Builder” to help you plan, before locking in your terms.

Rate Comparison Chart

If you need any help comparison shopping, try our Mortgage Rate Comparison.