Mortgage Calculator
This calculator determines your mortgage payment and provides you with a mortgage payment schedule. The calculator also shows how much money and how many years you can save by making prepayments.
Mortgage Qualifying Tool
To qualify for a mortgage loan at a bank, you will need to pass a “stress test”. You will need to prove you can afford payments at a qualifying interest rate which is typically higher than the actual rate in your mortgage contract.
CMHC Insurance Premium
If your down payment is under 20% of the purchase price, you will need mortgage insurance on your loan. We will determine the size of this premium and automatically include it in the calculations. Mortgage insurance is only available when the purchase price is below $1,000,000.