Calculators
Run the numbers yourself.
Every calculator uses current Canadian and BC rules, shows its sources and tells you when the rules were last checked. Try one, then book a call if you want a second set of eyes.
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Pick the question you're asking
- 01Mortgage payment calculatorYour payment at any frequency, with Canadian compounding built in.Open calculator
- 02How much can I afford?What you could qualify for, using the real stress test and debt limits.Open calculator
- 03CMHC insurance calculatorThe premium you'll pay with under 20% down, and your minimum down payment.Open calculator
- 04BC property transfer taxThe tax on buying, with first-time buyer and new home exemptions.Open calculator
- 05Closing costs estimatorAll the cash you need on top of the down payment.Open calculator
- 06Renewal: stay or switch?Your renewal offer next to another lender's, costs included.Open calculator
- 07Rent or buy?Test buying against renting with your own numbers and assumptions.Open calculator
Try it here
Start with this one
Your estimated payment
$2,326.42a month
- Total interest
- $297,926
- Paid off in
- 25.0 years
What this means
Over the 25 years it takes to pay off, you'd pay about $297,926 in interest. That's roughly 74 cents for every dollar you borrow.
Switching to accelerated payments every two weeks ($1,163.21) would finish about 3.5 years sooner.
See the year-by-year numbers
| Year | Still owing | Interest so far |
|---|---|---|
| 1 | $391,691 | $19,608 |
| 2 | $382,961 | $38,795 |
| 3 | $373,790 | $57,541 |
| 4 | $364,154 | $75,822 |
| 5 | $354,030 | $93,615 |
| 6 | $343,394 | $110,896 |
| 7 | $332,219 | $127,638 |
| 8 | $320,479 | $143,815 |
| 9 | $308,144 | $159,397 |
| 10 | $295,185 | $174,355 |
| 11 | $281,569 | $188,657 |
| 12 | $267,265 | $202,269 |
| 13 | $252,236 | $215,157 |
| 14 | $236,446 | $227,285 |
| 15 | $219,857 | $238,613 |
| 16 | $202,429 | $249,101 |
| 17 | $184,118 | $258,707 |
| 18 | $164,880 | $267,386 |
| 19 | $144,668 | $275,091 |
| 20 | $123,432 | $281,773 |
| 21 | $101,122 | $287,380 |
| 22 | $77,682 | $291,857 |
| 23 | $53,056 | $295,148 |
| 24 | $27,183 | $297,192 |
| 25 | $0 | $297,926 |
Estimates only. This isn't advice, a rate quote or a pre-approval. Your real numbers depend on your lender and your approval. This estimate uses a fixed rate, compounded semi-annually as Canadian mortgages are.
Rules last verified: November 3, 2026
Sources and assumptions
- Interest Act, s. 6 (Justice Laws, current to 2026-10-19)
- Accelerated payments (monthly payment split in two or four) are an industry convention, not a regulation.
- Interest Act s. 10: on a term over 5 years, after 5 years you can repay with at most 3 months' interest.
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