Canada Mortgage Calculators
Below are some useful calculator tools, which will help you do some financial planning in the process of making the most important investment decision in your life. Helping you find a calculator to suit your needs, will help speed up your searching power of finding the appropiate solution for your situation.
Variable Versus Fix Rate
This calculator computes your monthly payment based on your input - You can compare the difference between an ARM (Variable) mortgage to Fix Rate Mortgage. This will provide you an easy way to make a decision which product is right for you.
How Much Will My Payments Be?
Calculate your monthly payment with applicable financial charges.
Mortgage Principal Calculator
This calculator allow you to "peek into the future", allowing you to see the remaining balance of your mortgage after several months or years of payments.
Maximum Mortgage Qualifier
This calculator will help you to determine the maximum mortgage you qalify based on your income and current liabilities. This will help you adjust yourself accordingly before making a purchase.
What if I Pay More Every Month?
See how your mortgage will be reduced, if you pay $$$ more every month.
Payment per Thousand Financed
Have you ever wondered how much you pay for every $1,000 of your mortgage loan? Find out here!
Should I Refinance?
Is your old APR (Annual Percentage Rate) too high? Estimate the benefits of refinancing using this calculator.
Housing market moving up too fast? Figure out how much you can afford with an interests only mortgage loan.
Interest-Only with Additional Payments Calculator
Interest-Only loans can drastically cut your mortgage payments, but what if you want to pay something toward your principal? Figure this out here.
Which Loan is Better?
Can't decide which loan offer is better? Input your numbers here and lock-in the best offer.
Standard vs. Bi-weekly
You heard that fortnightly payments can significantly decrease the time of mortgage payoff? Check it out with this calculator.
Rent vs. Buy
Still renting an apartment and thinking about a home purchase? This calculator can help you make the final decision.
How Can I Payoff My Credit Card Debt Sooner?
This credit card payoff calculator will tell you how long it will take you to pay off your credit card debt with the amount you pay now, and how much you would have to pay every month to eliminate credit card debt even sooner.