Mortgage Tools

Collection of tools to assist you in determining your mortgage needs:

  • Canadian Home Buying Guide
  • Canadian Mortgage calculator
  • Household Budget Calculator
  • Mortgage Affordability Calculator
  • Inflation Calculator

Canadian Home Buying Guide

For over 60 years, CMHC has helped millions of Canadians meet their housing needs. CMHC provides mortgage loan insurance that enables you to buy a home sooner with a minimum down payment of 5%. And CMHC is there with you every step of the way — with information before, during and after your home purchase. No matter what your …

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Canadian Mortgage Calculator

To Access the Canadian Mortgage Calculator click here The mortgage payment calculator determines your payments for a particular loan. The Mortgage Payment Calculator will calculate mortgage payments for any mortgage if you enter in the total mortgage amount, the mortgage payback period (15 years, 30 years, etc.), and the mortgage interest rate. The Mortgage Payment …

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Household Budget Calculator

A budget is a document that lists what your income is every month, and on what you spend your money each month. Do you know why a budget is so important? On the surface it seems like creating a budget is just a tedious financial exercise, especially if you feel your finances are already in …

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Inflation Calculator

Inflation’s effects on an economy are various and can be simultaneously positive and negative. Negative effects of inflation include a decrease in the real value of money and other monetary items over time, uncertainty over future inflation may discourage investment and savings, and high inflation may lead to shortages of goods if consumers begin hoarding …

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Mortgage Affordability Calculator

How Much Home Can I Afford? A fast and easy tool to find out how much home you can afford. Change interest rates, fees, and income to test options. If you’re thinking about buying your first house, one of the first questions you may ask yourself is, “How much can I afford?” Read the following …

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