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Mortgage Payment

Enter the price of the home and what you are putting down. This works out the mortgage, the default insurance if you are under 20% down, your payment compounded the Canadian way, and the full monthly cost of owning, including property tax, condo or POTL fees, insurance and utilities.

Your Numbers

Home price

The purchase price, HST included on a new build.

Down payment (%)Down payment ($)Interest rate (%)Amortisation (years)

Up to 30 years on an insured mortgage for first-time buyers and new builds; up to 30 or more on 20%+ down with most lenders.

Payment frequencyMunicipality (property tax)Property tax per year (optional override)

Leave blank to estimate from the municipality's rate.

Condo or POTL fee (monthly)

POTL is the common-element fee on many freehold townhomes.

Home insurance (monthly)Heat, hydro and water (monthly)Extra payment each period

Optional. Goes straight to principal.

First-time buyer New build

Your Personal Report

Save these numbers as a branded image, or have it emailed to you. If you want to talk, the conversation starts from your actual situation.

Estimates only, for information. Not mortgage, tax or legal advice. Rates, rules and rebates change; confirm every figure with your lender, lawyer and the CRA before you rely on it.

Mortgage Payment

Your Numbers

Your Personal Report

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