Tools
Calculators
Estimates for a mortgage payment, how much you may qualify for, renting versus buying, and the equity in a home you already own. These are planning tools, not a commitment to lend or a home appraisal.
Estimates only
These calculators are for general planning. They are not a mortgage approval, a rate quote, a home appraisal, or legal, tax, or investment advice. A lender will apply its own underwriting, credit, appraisal, and product rules, which can change the result.
Figures use publicly stated Canadian rules as of this build: minimum down payments from the Financial Consumer Agency of Canada; CMHC homeowner insurance premiums (2.80%, 3.10%, and 4.00% by loan-to-value, plus 0.20% when amortization is longer than 25 years); the federal stress test at the greater of the contract rate + 2% or 5.25% (OSFI / FCAC); GDS of 39% and TDS of 44%, with 50% of condo fees (CMHC); 30-year insured amortizations for first-time buyers or newly built homes effective 15 December 2024; and HELOC / combined limits of 65% and 80% LTV (OSFI Guideline B-20). Alberta does not charge provincial sales tax on the insurance premium, and that tax is not added here. Closing costs, land transfer tax, and property-tax installment programs are not included.
Want to walk through the numbers together?
I’m happy to sit down, look at your situation, and connect you with a mortgage professional in my network when that’s useful.