Mortgage calculator
Estimate your monthly payment
Adjust the price, down payment, rate and amortization to see your payment, including CMHC default insurance when your down payment is under 20 per cent.
Monthly payment
$0
- Mortgage amount
- Mortgage default insurance (est.)
- Total interest over amortization
- Monthly cost incl. condo fees
Estimates only. Uses Canadian semi-annual compounding and an approximate default-insurance premium for down payments under 20%. Budget separately for closing costs such as legal fees, title insurance, an inspection and any provincial land transfer tax or registration fees. Actual rates, premiums and payments are set by your lender; speak with a mortgage professional before making decisions.
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