Tools calculations

Calculation of mortgage payments

Asking price

$

Cash down

$

Amount of the loan

$

Amortization

years

Interest rate(%)

%

Payment frequency

Amount of payments

$

Land Transfer Tax

Asking price

$

Total municipal assessment

$

Transfer taxes will be approximately

$

Calculation of borrowing capacity

Amortization

years

Interest rate(%)

%

Payment frequency

Amount of payments

$

Amount of the loan

$

The amounts obtained above are indicative only. The exact amounts will be determined by your financial institution.

You must purchase mortgage insurance if your down payment is less than 20% of the purchase price of the property. Click here to obtain more information.