Canadian mortgage calculators, grouped by what you're trying to figure out
Payments, qualification, purchase costs, refinancing, and rate strategy — every calculator uses real Canadian rules: semi-annual compounding, the OSFI stress test, insurer premium tiers, and provincial transfer taxes.
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%)
Affordability (Qualification)
Whether a specific mortgage amount works for your income and debts — before you apply.
Checks ratios at
GDS 39% / TDS 44%
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
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