How Much Can You Afford?
These calculators calculate Canadian monthly mortgage payments based on principal, interest and term. Canadian mortgages are compounded semi-annually.
- Calculate the maximum mortgage amount you qualify for based on your income
- A great tool for buyers
- Calculate your mortgage payment
- Create an amortization schedule
- Discover what you will owe in 5 years
- Calculate the different variables that help to determine your best mortgage amount, payment, schedule and amortization period
- Calculate your mortgage payment for several payment frequencies (weekly, bi-weekly, semi-monthly and monthly)
- Discover how many years you can shorten your amortization
- Calculate your mortgage payment
- Discover how many years you can shorten your amortization
- Discover the interest savings you can realize by making prepayments (lump sum) on ‘your mortgage
- Compare the financial advantage of renting versus buying based on your current monthly rent, funds towards your down payment and your desired monthly payment if you purchased a home