Mortgage Calculators

Thinking of applying? See our comprehensive Mortage Calculating Tool
Please see these tools below for help with your mortgage calculations

Canadian Mortgage Calculator

Monthly Loan Calculator with Amortization

Canadian mortgage calculator with amortization schedule

The caculators on this page will do the following:

-determine how much money a bank will lend you to buy a house if income qualification is required. Some banks have lending programs that do not require you to have qualifying income as long as you have sufficient equity.

-calculate mortgage payments with monthly or semi-annual compounding with various payment frequencies. Most private mortgages are compounded monthly, while bank mortgages are usually compounded semi-annually. Monthly componding results in a higher annual interest rate.

-prepare amortization schedules which show how much of your payments are allocated to interest and principal, as well as the principal balance after each payment.

-if you need help using these calculators, please give us a call at 604-732-5865.