Estimate your payments, total cost and capital / interest breakdown in real time.
* For informational purposes only. Consult a mortgage broker for a personalized analysis.
5% for properties under $500K, 10% between $500K and $999K, 20% for $1M+ according to CMHC rules.
Fixed rate offers stability; variable rate follows the Bank of Canada's policy rate and may fluctuate at each announcement.
The term (1–5 years) is the duration of your contract. Amortization (up to 25–30 years) is the total time to repay the loan.
Choosing an accelerated bi-weekly payment can reduce your amortization by several years and lower total interest paid.
Our partner mortgage brokers can get you the best terms. Book a free appointment.
Consult an expert →