Purchasing and financing a home involves many important decisions. These calculators will help give you concrete facts as to what you have, what you need, and what you can afford.
The Maximum Mortgage Calculator
will provide you with the maximum mortgage amount you can qualify for based on input you provide on your personal financial situation.
The New Home Mortgage Calculator
calculates your mortgage on your new home including GST. Enter your purchase price, down payment value, interest rate and select the amortization period to view your monthly payments and appropriate fees.
The Mortgage Isolator
will isolate a variable in the determinants of a mortgage payment
The Prepayment Analyzer
calculates your mortgage payment. Discover how many years you will shorten your amortization and how much interest savings you will realize by making a prepayment (lump sum) on your mortgage.
The Rent or Buy Calculator
will compare the financial advantage of renting and buying based on your current monthly rent, funds towards your down payment and your desired monthly payment if you purchased a home.
Payment Subsidy Calculator
calculates the value of a builder incentive to subscribe monthly mortgage payments for a portion of the term.
