Know Your Numbers. Move with Confidence.
Before you start touring homes or booking showings, it helps to know what you can comfortably afford. Our simple mortgage calculator gives you a quick, ballpark idea of your monthly payments based on your budget, down payment, and interest rate.
Because smart real estate decisions start with clear numbers.
It’s a great first step in planning your purchase but it’s just that: a first step. When you’re ready to dive deeper or need help connecting with a trusted mortgage advisor, I’m here to guide you.
Need help understanding the results?
Canadian Mortgage Calculator
| Period | Payment | Principal | Interest | Balance |
|---|
Note: Canadian fixed-rate mortgages are quoted with semi-annual compounding; this calculator converts the quoted rate appropriately before computing payments. Accelerated bi-weekly is modeled using half the monthly payment every two weeks (26 payments/year), which results in extra annual principal reduction.
Let’s Talk
Discover the integrity, commitment, and exceptional service that make Royal LePage Integrity Realty Ottawa your trusted partner in real estate.
Rainer Bruchhaeuser, REALTOR®
Royal LePage Integrity Realty,
2148 Carling Avenue, Units 5 & 6, Ottawa, ON, K2A 1H1
Why This Calculator Matters
Understanding your mortgage numbers early helps you:
- Shop within your comfort zone
- Filter listings that match your true budget
- Prepare for closing costs and monthly expenses
- Feel confident when it’s time to make an offer
Not sure what numbers to plug in? I’ll walk you through it or connect you with a lender who will.
