The Mortgage Centre

Mortgage Calculators

Here are six handy calculators you can use to determine how much home you can afford and the various costs involved. You can even perform 'what if' scenarios to see which options might work best for you. If at any point, you're not sure how to proceed or you need some expert advice, contact us.


Rent vs. Buy Calculator
Simply fill in your current rent and what your anticipated costs of home ownership are, and this calculator will tell you whether you're better off renting or buying. Of course, if you'd like a more comprehensive analysis of your situation—along with expert unbiased advice—feel free to talk to your Mortgage Specialist.

Mortgage Qualifier
Like the Maximum Mortgage Calculator, this calculator shows you how much mortgage you can afford. But this time, you can put in the house price you have in mind, along with your expenses, and the calculator will show you how much income you'll need to qualify. Again, feel free to talk to your Mortgage Specialist if you'd like a thorough analysis of your specific situation.

Mortgage Payment Calculator
Simply fill in your purchase price, downpayment, amortization and payment frequency, and this calculator will show you how much your payments will be and the total amount of interest you'll pay over the life of the mortgage. If you'd like help deciding whether you can afford this level of payments over the long term, feel free to talk to your Mortgage Specialist.

Mortgage Isolator Calculator
Like the Mortgage Payment Calculator, this calculator shows you how much your payments will be. But here you can isolate and change your payment frequency, amortization, mortgage amount, interest rate or payment size to see what effect it will have on the other variables. If you need help performing this—or any other calculation—feel free to talk to your Mortgage Specialist.