Figure out how much you’ll be paying on your mortgage. Use the Mortgage Payment Calculator to explore various loan amounts, amortization periods and payment options to best manage your mortgage payments.
Thinking of ending your mortgage contract ahead of its maturity? Use the Mortgage Penalty Calculator to figure out whether it’s worthwhile by exploring the magnitude of penalties you will likely have to incur.
There are many factors that go into figuring out mortgage affordability. Use the Mortgage Affordability Calculator to figure out the maximum home purchase price you can afford and the mortgage loan amount you should be taking on based on lenders’ qualifying criteria.
CMHC premiums are one of the less understood costs of mortgage financing. If your down payment is likely to be less than 20%, use the CMHC Mortgage Calculator to understand how CMHC premiums are calculated and what impact they will have on your mortgage.
Thinking of refinancing your mortgage? Use the Mortgage Refinance Calculator to figure out whether it makes sense and the maximum amount of additional equity you could take out.
A mortgage is one of the cheapest debt sources available on the market. If you’re carrying significant credit card balances or other forms of high interest debt, the Debt Consolidation Calculator will help you figure out whether consolidating this debt by taking out a mortgage makes sense.
Most provinces in Canada charge a land transfer tax on home purchases. Use the Land Transfer Tax Calculator to better understand how this tax is calculated and how it impacts your mortgage affordability.