Determine Your Mortgage Payments: Canadian Mortgage Calculators
Find out more about monthly mortgage payments, whether you should rent or buy, and what you can afford with Mortgage Architect’s Canadian mortgage calculator. Our mortgage calculators are some of the most comprehensive. Get started today!
Mortgage information
Mortgage Amount | $ | |||
Payment Frequency | ||||
Mortgage Term |
|
|||
Interest Rate |
|
|||
Amortization Period |
|
Amortization Schedule
Mortgage Payment Calculator
Use this mortgage payment calculator to determine your monthly mortgage payments. Compare multiple mortgage scenarios to see how to save thousands in interest costs and pay down your mortgage sooner.
Visit our Learning Center today for more mortgage resources!
STEP 1
ENTER YOUR HOME INFORMATION
|
STEP 2
ENTER YOUR RENT INFORMATION
|
||||||||||||||||||||||||||||
The minimum down payment in Canada is 5%. 5% down payments only apply to the first $500,000 and then 10% thereafter. |
|
|
Rent vs. Buy Calculator
Not sure if you should rent or buy? This calculator will help you make an informed decision. Simply compare your anticipated home price and information versus your monthly rent information to see which is the better option for you!
Visit our Learning Center today for more mortgage resources!
STEP 1 MONTHLY HOUSING COSTS
|
STEP 2 MORTGAGE INFORMATION
|
STEP 3 RESULTS
|
|||||||||||||||||||||||||||||||||||||||
The minimum down payment in Canada is 5%. 5% down payments only apply to the first $500,000 and then 10% thereafter. |
Mortgage Affordability Calculator
Not sure how much home you can afford? Our Affordability calculator will help you understand what potential purchase price you can afford. Simply balance your monthly income against housing costs and your mortgage information in order to determine your maximum purchase budget.
Visit our Learning Center today for more mortgage resources!