Your home will likely be the most substantial investment you’ll make in your lifetime, so it’s important to know the facts. That’s where our Mortgage Calculator comes in—it has two very helpful functions: (1) it can help you figure out what you can afford, and (2) it can show you what to expect when it comes to your monthly mortgage payments.
Please note: If your down payment is under 20%, this calculator will automatically add the cost of CMHC Insurance to your payment.
These calculators are made available to you as tools for independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy. All examples are hypothetical and are for illustrative purposes only. Please visit your branch to seek personalized advice from qualified professionals for all personal finance issues.