Sometimes you just want to figure some things out on your own.
We get that. So please, by all means, use our mortgage calculators to your hearts content. If you have any questions about how to use them, or what they are telling you, feel free to give us a shout or get in touch with us. Until then, good luck amigo.
Mortgage penalty calculators are at the bottom
Use this calculator to generate an amortization schedule for your current mortgage. Quickly see how much interest you will pay, and your principal balances. You can even determine the impact of any principal prepayments! Press the report button for a full amortization schedule, either by year or by month.
Purchase Requirements rThe first steps in buying a house are ensuring you can afford to pay at least 5% of the purchase price of the home as a down payment and determining your budget. This calculator steps you through the process of finding out how much you can borrow. Fill in the entry fields and click on the payment schedule button to see a complete amortization schedule of your mortgage payments.
Payment CalculatorDetermining which mortgage provides you with the best value involves more than simply comparing monthly payments. Use this calculator to sort through the monthly payments, fees and other costs associated with getting a mortgage. By comparing these important variables side by side, this calculator can help you pick the mortgage that works best for you. Click on the ‘View Report’ button to see the results in detail.
Banks Penalty Calculators
Banks all calculate their penalties differently, which is why we can’t just have one simple calculator. Instead, here are some links to the more common bank’s calculators:
- Bank of Montreal
- ING Direct
- Laurentian Bank (B2B Bank)
- National Bank of Canada
- Manulife Bank
- Royal Bank
- TD Canada Trust