Mortgage calculators at your fingertips
A multitude of calculators to figure out your details: mortgage payments, affordability, required income, closing costs, renewal, refinance savings, prepayment scenarios, rent or buy, and property transfer tax by province. I'm licensed in British Columbia, Ontario, and Nova Scotia so wherever you're buying, these tools and I are here to help.
Car loans, credit card and line of credit minimums, student loans, support payments
Car loans, credit card and line of credit minimums, student loans, support payments
Your deposit counts toward this.
Other costs (change any of these)
Prepaid property tax, strata, interest
Alberta has no transfer tax, just Land Titles fees on the transfer and the mortgage.
Most lenders cover the legal and appraisal on a straight switch.
Current mortgage
Leave blank to estimate 3 months' interest. Fixed-rate penalties (IRD) can be much higher, ask your lender for the exact figure.
Debts to roll in (optional)
Renovations, investments, etc.
New mortgage
Extra payments
Assumptions (change any of these)
What the renter earns on the money not spent buying
Of the home's value
Agent and legal fees when you sell
Want your real numbers?
Send me what you just ran and I'll get back to you with what you'd actually qualify for, the rates you'd actually get, and what it'll really cost to close. No obligation, no credit check to start.
How these calculators work
Mortgage Payment Calculator
Enter a purchase price, down payment, interest rate, and amortization to see an estimated monthly payment. It works the same way whether you're buying in Langley BC, Halifax NS, or anywhere in Ontario — the math behind a mortgage payment doesn't change by province, only the price of the home and the rate you qualify for do. Add property tax, strata, heat and home insurance to see the total monthly cost of owning.
Affordability Calculator
This flips the question around: instead of "what's the payment on this home," it estimates "what price range fits my income, debts, and down payment." It's a starting point using the same debt-service guidelines lenders use across Canada, before you fall in love with a listing that's out of range.
Required Income Calculator
Pick a home price and down payment and it shows the household income you'd need to qualify, using the stress test and the same GDS/TDS debt-service limits lenders use. It also shows your debt-service ratios at that income.
Closing Cost Calculator
Adds up the cash you'll need on closing day: transfer tax (with first-time buyer and new-build exemptions), legal fees, title insurance, inspection and adjustments, plus your down payment. Change any of the amounts to match your quotes.
Renewal Calculator
Compares your lender's renewal offer against switching to a better rate, over the whole term, after any switching costs. Since late 2024 you don't need to pass the stress test to switch lenders at renewal, so shopping around is easier than it used to be.
Refinance Calculator
Compares your current mortgage against a new rate or structure so you can see whether refinancing actually saves you money once any penalties are factored in. Useful at renewal time, or any time your current lender's not offering their best rate.
Prepayment Calculator
Shows how extra lump-sum or increased regular payments shorten your amortization and cut the total interest you'll pay over the life of the mortgage. Most Canadian lenders allow some annual prepayment privileges without penalty — this shows what using them is actually worth.
Property Transfer Tax Calculator
Land and property transfer tax rules are set province by province, so this tool lets you pick your province (BC, Alberta, Ontario or Nova Scotia) and calculates the base tax, applicable rebates, and any surcharges for your purchase price, municipality, and closing date.
Rent or Buy Calculator
Compares what you'd have after 5 to 25 years of renting versus buying, counting the mortgage, property tax, maintenance, selling costs and what the renter could earn investing the down payment instead. Every assumption can be changed, because small changes can flip the answer.
Common questions
Do these calculators work for Ontario and Nova Scotia, or just BC?
Yes — every calculator here, including property transfer tax, lets you select your own province and gives you numbers based on that province's actual rules. I'm licensed in BC, Ontario, and Nova Scotia, so wherever you're buying, both the tools and I can help.
Do these numbers include property tax and home insurance?
The Mortgage Calc does — add your property tax, strata, heat and home insurance to see the total monthly cost. They vary by municipality and property, so it's best to get exact numbers for a specific address before finalizing a budget.
How accurate is the affordability estimate?
It's a strong starting point based on the same general debt-service guidelines lenders use, but your real approval amount depends on your full credit profile, income documentation, existing debts, and the specific lender. A pre-approval verifies the real number.
Is it worth using the prepayment calculator before my mortgage renews?
Yes — it's one of the most overlooked ways to save on total interest. Even modest lump-sum payments or a slightly higher regular payment, made consistently, can shave years off an amortization. Worth checking before you renew or refinance.
I ran the numbers — what's the next step?
Reach out and I'll turn the estimate into a real pre-approval based on your actual income, credit, and down payment, whether you're in BC, Ontario, or Nova Scotia.
Ready to turn an estimate into a real number?
Licensed in BC, Ontario, and Nova Scotia. Let's talk through your situation.
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