Mortgage Calculator

Purchase Price: $ Taxes: $ Annual Property Tax Amount
Interest Rate: % Condo Fees: $ Monthly Amount (if applicable)
Amortization:
Percent Down:         
Down Payment: $ $ $
Remaining Mortgage: $ $ $
CMHC / GE Premium: $ $ $
Total Financing: $ $ $
Monthly Mortgage Payment: $ $ $
Taxes / Fees: $ $ $
Total Payment: $ $ $
Income Required: $ $ $
 
 
Qualifying rate 5.34% - Borrowers must qualify at the higher of the qualifying rate or your lenders mortgage rate plus 2%
Use the qualifying rate to calculate your income required and your lenders rate to calculate the actual carrying cost
Do you have 20% or more as a down payment? - 30 year amortizations are available
Current Bank Of Canada Qualifying Rate