Mortgage Calculator Canada

Mortgage Calculator Canada helps you plan your home purchase with the tools Canadian buyers actually need — built for our rules, our taxes, and our lenders.

WHY THIS CALCULATOR

Built specifically for Canadian home buyers: CMHC insurance premiums, the OSFI B-20 stress test, provincial land transfer tax (including Toronto and Montreal municipal tax), and GDS/TDS affordability ratios lenders actually use to qualify you.

KEY FEATURES

Mortgage Payment Calculator
• Monthly, bi-weekly, and accelerated bi-weekly payment schedules
• Full amortization schedule with principal/interest breakdown
• See total interest paid over the life of your mortgage

CMHC Insurance Calculator
• Accurate premium calculation for down payments under 20%
• Know your true monthly payment including mortgage insurance

Mortgage Stress Test
• OSFI B-20 qualifying rate calculation
• See the rate you actually need to qualify at, not just your contract rate

Affordability Calculator
• GDS (Gross Debt Service) and TDS (Total Debt Service) ratios
• Know your maximum affordable home price before you shop

Land Transfer Tax Calculator
• All provinces and territories
• Toronto and Montreal municipal land transfer tax included
• First-time buyer rebates (Ontario, BC, Toronto)

Refinance & Renewal Tools
• Compare your current mortgage against refinancing options
• Renewal rate comparison to avoid overpaying at maturity

Mortgage Comparator
• Compare multiple rate/term scenarios side by side
• See which option saves you the most over time

Extra Payment / Prepayment Calculator
• See how lump-sum and extra payments shorten your amortization
• Calculate interest savings from accelerated payoff

SAVE & EXPORT
• Save your calculations and pick up where you left off
• Export a clean PDF summary to share with your mortgage broker or realtor

BILINGUAL
• Full English and French support — built for buyers across Canada

PRIVACY
• Your financial numbers stay on your device
• No account required to use the core calculators

This app is for informational purposes only and does not constitute financial advice. Consult a licensed mortgage professional for decisions specific to your situation