Mortgage payment calculator
Estimate regular payments, the balance after your term, and interest using the Canadian semi-annual compounding convention.
Free Canadian mortgage calculators
See the numbers.
Plan your next step.
Buying, renewing, refinancing, or considering debt consolidation? Start with the numbers that fit your situation. No account needed.
Always freeNo sign-up requiredInputs are not saved
Free mortgage tools
Mortgage calculators
built around your numbers.
Look beyond the monthly payment. Compare purchase costs, renewal terms, debt, and cash flow in one place.
Calculator results are planning estimates only. They are not mortgage approval, a commitment, or financial advice. Rates, insurance, taxes, fees, and qualifying amounts vary by lender and transaction.
How to use these tools
Start with the numbers.
Then compare your options.
- 01
Begin with what you know.
Your offer or renewal statement usually has enough to get started: balance, rate, and amortization.
- 02
Change one number at a time.
Try a different rate, down payment, or amortization to see how it changes your payment and cash flow.
- 03
Bring your results and questions.
If two options are close, we can review the terms behind the numbers together.
Calculator guide
Which calculator
fits your question?
See what each tool estimates and which numbers to use. That makes it easier to ask the right questions in a mortgage conversation.
Home purchase budget
Estimate your down payment, insured mortgage, up-front cash, and monthly housing cost before writing an offer.
Closing cost planner
List legal, registration, inspection, appraisal, and adjustment costs to prepare for closing day.
Land transfer and registration
Use the tax and registration costs for your province or transaction to estimate transfer-related expenses.
Rent vs buy
Compare rent and ownership cash outflow over the same period. Home value, equity growth, and investment returns are excluded.
Mortgage renewal comparison
Compare your current terms with a renewal offer, including payments, interest during the term, and remaining balance.
Debt consolidation cash flow
Add your mortgage, credit-card, auto, personal, and other debt payments to see the estimated monthly cash-flow change after consolidation.
Maximum mortgage estimate
Use income, property tax, heating, condo fees, and other debt for a planning estimate of mortgage qualification.
Mortgage scenario comparison
Put two rate options side by side to compare payment, interest, and balance after the same term.
Required income estimate
Estimate the gross income needed for your target payment, housing costs, and other debt.
GDS / TDS calculator
Calculate how housing costs and other debt compare with gross income using GDS and TDS.
Frequently asked questions
What to check
after you calculate.
Can I choose a mortgage from the calculator result alone?
No. A calculator is a first comparison. Approval and mortgage terms depend on income, credit, property, down payment, and lender policy.
Is a lower monthly payment always better after debt consolidation?
Not always. A lower monthly payment can mean a longer repayment period and more total interest. Review penalties, legal costs, and the new terms too.
Can I review my results in Korean or English?
Yes. Send your results or current mortgage offer, and we can review the next questions in Korean or English.
Discuss your results
The calculation is done.
Let’s review the decision.
A calculator result, renewal offer, or current monthly payment is enough to begin. I’ll help you identify what to check next.