Mortgage & Refinancing Calculators
These tools are here to give you quick, simple numbers so you can see what is possible before you make any big decisions. They do not replace advice from a lender or mortgage professional, but they are a great starting point to understand your payments, options and how changing the numbers can change your plan.
Mortgage Payment & Affordability Calculator
Use this calculator to estimate your monthly or biweekly mortgage payments based on price, down payment, interest rate and amortization. It is ideal if you are wondering:
- What will my payments look like at different price points
- How much a change in rate or amortization affects my payment
- How different down payment amounts change what I can comfortably afford
Treat this like your first draft. Once you see numbers that feel realistic, we can talk through the strategy, the neighbourhoods and the next steps.
Mortgage Scenario Comparison
Compare up to three mortgage scenarios side by side. Calculations use Canadian-style semi-annual compounding and include CMHC insurance when the down payment is under 20 percent.
Scenario 1
Scenario 2
Scenario 3
For illustration purposes only. This is an estimate and not a commitment to lend. Clients should confirm details with their lender or mortgage broker.
Refinance & Debt Consolidation Calculator
This tool helps you compare what you are paying today with what things could look like if you refinanced your mortgage or consolidated debt into a new mortgage or home equity product. It is helpful if you want to:
- See your current monthly payments across mortgage and other debts
- Compare that to a new combined payment after a refinance
- Explore how much cash flow you might free up each month
The goal is to give you a clear picture of whether a refinance makes sense on paper before you speak with your lender or mortgage professional about the details.
Mortgage And Debt Restructure Comparison
Compare your current mortgage and debt payments with two options: refinancing into a larger mortgage or using a HELOC, without exceeding typical lending limits.
Property And Lending Limits
Current Situation
Existing Mortgage
Other Debts
Add credit cards, car loans, lines of credit and other monthly payments.
Refinance Scenario
Rolls as much debt as possible into a new mortgage up to the maximum refinance limit.
HELOC Scenario
Moves as much debt as possible into a HELOC. Payment uses interest only on the HELOC balance.
For illustration purposes only. This is an estimate and not a commitment to lend. Clients should confirm details with their lender or mortgage broker.