MortgagesNearMe

Calculators

Mortgage calculators

Try your own numbers: payments, what you might afford, the income you'd need, closing costs, your renewal, and whether renting or buying comes out ahead. These are estimates, and a pre-approval gives you the real figures.

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Estimated payment
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Car loans, credit card and line of credit minimums, student loans, support payments

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You may qualify for up to
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Car loans, credit card and line of credit minimums, student loans, support payments

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Income you'd need
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Your deposit counts toward this.

Other costs (change any of these)

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Prepaid property tax, strata, interest

Cash needed to close
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Alberta has no transfer tax, just Land Titles fees on the transfer and the mortgage.

Transfer tax
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yrs
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Most lenders cover the legal and appraisal on a straight switch.

Switching could save
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Current mortgage

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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)

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Renovations, investments, etc.

New mortgage

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Monthly change
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Extra payments

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Interest saved
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Assumptions (change any of these)

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What the renter earns on the money not spent buying

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Of the home's value

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Agent and legal fees when you sell

Buying comes out ahead by
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