The mortgage toolkit
Big questions.
Clearer numbers.
Find your payment, explore your buying power, or see what it takes to be mortgage-free sooner. Canadian mortgage calculators. Useful answers. No sign-up required.
Payments
Payments, amortization schedules, and prepayment strategy.
Payment Estimator
Your exact payment for any rate, term, and frequency — compounded semi-annually the way Canadian lenders do.
Monthly payment
$2,908 on $500K @ 5%
Amortization
Where every payment goes — principal vs interest — and how your balance falls year by year.
Lifetime interest
≈ $372K on $500K @ 5%
Amortization Compare
Two amortization strategies side by side: payments, total interest, and payoff dates.
Shorter amortization
Less interest, higher payment
Prepayment Impact
How much interest lump sums and extra payments save — and how many years they shave off.
Accelerated bi-weekly
≈ 1 extra payment / yr
Qualification
Stress test, debt ratios, max purchase, and rental qualifying.
Affordability (Max Purchase)
The maximum purchase price you qualify for under GDS/TDS limits and the OSFI stress test.
Stress-tested at
max(5.25%, rate + 2%)
Mortgage Qualification
Test a target mortgage against income, debts, housing costs, and lender qualification rules.
Debt Service (GDS/TDS)
Your full GDS/TDS ratio breakdown with heat, condo fee, and policy toggles brokers actually use.
Insured caps
GDS 39% / TDS 44%
Stress Test Qualifier
Your qualifying rate and payment under OSFI B-20, with insured and uninsured forks.
Qualifying floor
5.25% MQR
Rental Income Qualifier
How lenders treat your rental income — offset vs add-back — with vacancy and expense shading.
Common offset
50–80% of rent
DSCR / NOI
Debt service coverage and NOI for a rental property, the way commercial lenders underwrite it.
Typical DSCR target
1.10–1.25×
Purchase costs
Down payment, insurer premiums, land transfer tax, and cash to close.
Insurer Premium
Your CMHC, Sagen, or Canada Guaranty premium, capitalization, and PST where it applies.
At 95% LTV
4.00% premium
Closing Costs
Line-item legal, title, appraisal, and tax adjustment estimates for your province.
Plan for
1.5–4% of price
Property Transfer Duties (Canada)
Land transfer tax for any province or municipality, with first-time buyer rebates applied.
Covers
All provinces + Toronto
BC Property Transfer Tax
BC property transfer tax with luxury brackets, exemptions, and first-time buyer relief.
On $800K in BC
$14K PTT
Minimum Down Payment
The minimum down payment for any price under Canada's tiered rules, including the insured cap.
On $800K
$55K minimum down
Cash Needed to Close
Every dollar you need on closing day — down payment, taxes, premiums, and adjustments — in one waterfall.
One number
Total due at closing
Refinance & renewal
Break-even math, renewal offers, and prepayment penalties.
Refinance Analyzer
Whether refinancing pays off: payment change, penalty, break-even month, and total savings.
Key answer
Months to break even
Refi Breakeven
How many months of savings it takes to recover your refinance fees and penalty.
Quick check
Fees ÷ monthly savings
Renewal Compare
Your lender's renewal offer vs the market — payment shock and interest gap over the term.
Compares
Retention vs market offer
IRD Penalty Calculator
Your prepayment penalty under all three methods: 3-month interest, contract IRD, and posted-rate IRD.
Lenders charge
Greater of 3-mo or IRD
Rates & advanced
Fixed vs variable, trigger rates, HELOCs, and the Smith Manoeuvre.
HELOC Payment & Interest
Interest-only vs amortized HELOC payments at prime plus your spread, with rate sensitivity.
Interest-only payment
Balance × rate ÷ 12
Smith Manoeuvre
A year-by-year Smith Manoeuvre projection: deductible interest, refunds, and net wealth.
Converts
Mortgage → deductible debt
Fixed vs Variable Rate Shock
Fixed vs variable over your term across falling, flat, and rising prime-rate paths.
Models
3 prime-rate paths
Rate Comparison (True Cost)
The true cost of two rate offers, including cashback promos and present-value discount math.
Surfaces
Nominal vs true cost
Trigger Rate & Point
The exact rate where your fixed-payment variable mortgage stops covering interest.
Trigger point
Payment = interest due