Canadian Mortgage Calculators
Every one of these uses semi-annual compounding, the Canadian statutory convention — not the American monthly formula that most free calculators quietly use. Nothing is gated, no account, no credit check.
Payments and amortization
Mortgage Payment Calculator
Calculate your Canadian mortgage payment, CMHC premium and total interest using proper semi-annual compounding…
Amortization Schedule Calculator
Build a full Canadian mortgage amortization schedule showing yearly balance and interest, plus how much extra…
Accelerated Payment Calculator
Compare all six Canadian mortgage payment frequencies side by side and see the interest saved and years cut by…
Mortgage Prepayment Calculator
See how much interest and time a lump sum or extra Canadian mortgage payment saves, and check it against your…
Blend & Extend Calculator
Calculate your true blended mortgage rate, check for a penalty hidden in a blend-and-extend offer, and compare it…
What you can afford
Mortgage Affordability Calculator
Find out how much mortgage you can afford in Canada, including your maximum purchase price, GDS and TDS ratios, the…
Maximum Purchase Price Calculator
Find the maximum Canadian home price your down payment and income support, with closing costs reserved first, so you…
GDS / TDS Ratio Calculator
Calculate your GDS and TDS debt service ratios the way Canadian lenders do, see your pass or fail against the 39%…
Mortgage Stress Test Calculator
Find out whether you pass the Canadian mortgage stress test, see your qualifying rate and payment measured against…
Minimum Down Payment Calculator
Calculate the minimum down payment required under Canada's tiered rules, see your shortfall, the maximum price…
Down Payment Savings Timeline (FHSA + HBP)
Find out how long it takes to save a Canadian down payment including closing costs, your combined FHSA and HBP room…
The cost of buying
Closing Costs Calculator
Calculate the cash you need to close on a Canadian home purchase, including land transfer tax, legal fees and title…
Land Transfer Tax Calculator
Calculate land transfer tax for any Canadian province, including the Ontario and Toronto double tax broken down tier…
CMHC Insurance Calculator
Calculate your CMHC, Sagen or Canada Guaranty default insurance premium, the provincial tax due at closing, and the…
Property Tax Calculator
Free property tax calculator for Canadian municipalities.
New Home GST/HST Rebate Calculator
Estimate the GST or HST rebate on a new-build Canadian home, including federal, provincial and first-time buyer…
Total Cost of Ownership Calculator
Calculate the true monthly cost of owning a Canadian home beyond the mortgage payment, including property tax…
Non-Resident / Foreign Buyer Cost Calculator
Check non-resident and foreign buyer eligibility to purchase Canadian property, then estimate the NRST, land…
Renewing, refinancing and breaking
Mortgage Renewal Calculator
Calculate your new payment at renewal, the payment shock in dollars, the cost of staying with your current Canadian…
Mortgage Refinance Calculator
Calculate the new payment, total cost and break-even point of refinancing a Canadian mortgage, with a lifetime…
Refinance vs Renew Calculator
Compare renewing, refinancing or renewing with a HELOC on blended cost of funds and true five-year cost for a…
Mortgage Penalty Calculator
Calculate your Canadian mortgage prepayment penalty both ways, the standard IRD method and the posted-rate method…
Break vs Stay Calculator
Find out whether breaking your Canadian mortgage for a lower rate pays off, comparing breaking now against staying…
Rate Comparison Calculator
Compare two or three Canadian mortgage rate offers on true five-year cost, including payments made, ending balance…
Fixed vs. Variable Rate Comparison
Compare fixed and variable mortgage rates across five rate scenarios, see the trigger rate on variable products, and…
Using your equity
HELOC Calculator
Calculate your maximum Canadian HELOC credit limit at 65% or 80% combined loan-to-value, your interest-only versus…
Home Equity Calculator
Calculate your total home equity, then how much you can actually borrow through a Canadian refinance, HELOC, second…
Debt Consolidation Calculator
See how much monthly cash flow rolling credit card and loan debt into your Canadian mortgage frees up, plus the…
Reverse Mortgage Calculator
Calculate the maximum amount available on a Canadian reverse mortgage, how the balance compounds with no payments…
Purchase Plus Improvements Calculator
Calculate the lending value and payment on a Canadian purchase plus improvements mortgage, the savings versus a…
Harder files
Self-Employed Income Qualification Calculator
Compare the two-year average, add-back, gross-up and stated-income methods Canadian lenders use, see the qualifying…
Rental Property Cash Flow & Qualification Calculator
Calculate NOI, cap rate, cash-on-cash return and debt coverage ratio for a Canadian rental property, and see how…
Rent vs. Buy Calculator
Compare renting and buying in Canada including the opportunity cost of your down payment, with a net worth crossover…
Bridge Financing Calculator
Calculate what Canadian bridge financing costs when your sale and purchase closing dates do not line up, using…
Private Mortgage True Cost Calculator
Calculate the net advance on a Canadian private or second mortgage, the true annualised cost once every fee is…
Mortgage Insurance vs. Term Life Comparison
Compare Canadian mortgage creditor insurance against a term life policy of the same size, including the declining…
Localised where it matters
Land transfer tax, closing costs, affordability and property tax change materially with where you are buying, so those run per province and per city rather than pretending Canada is one market.
Get notified 90 days before your renewal
Your lender contacts you at 30 days, when you have no time to shop. We reach you at 90 — early enough to lock a hold and personalize your offers.
Questions
Do I have to give you an email to use these?
No. Every calculator on this site runs in your browser and gives you the full answer without a form, an account or a credit check. The only thing an email buys you is a PDF copy of a report you have already seen on screen.
Why do your numbers differ from my bank's calculator?
Canadian mortgages compound semi-annually, not monthly, and a great many free calculators use the American monthly formula. On a $500,000 mortgage at 5.00% over 25 years that difference is about fifteen dollars a month — small enough to look right and wrong enough to matter over a five-year term.
Are the tax and premium figures current?
The regulated tables — default insurance premiums, land transfer tax, GST/HST rebate thresholds — carry the date they were checked on the page that uses them. Where something could not be confirmed against a primary government source, the page says so rather than presenting it as settled.
Does using a calculator put me in a sales funnel?
No. Nothing here is gated and nothing you type is sent anywhere unless you fill in a form on purpose. If you want a broker to look at the file there is a button for that, and if you do not, the numbers are yours either way.
The math is free. Acting on it is the point.
When you are ready to do something with these numbers, we will introduce you to a licensed broker who can put the file in front of lenders. Nothing here obliges you to.
Get matched with a broker