Mortgage Payment
Calculator Canada
Instantly calculate mortgage payments, closing costs, and interest stress tests with Canada's most advanced mortgage research tool.
Parameters
500,000
5
25,000
4.29
Compare Today's Top Bank Mortgage Rates
See how much you could save with top bank rates.
Closing Costs
$10,695
Land Transfer Tax
$6,475Provincial$6,475
Professional Fees
$2,700PST on Insurance
$1,5201,000
900
500
300
0
*Estimates only. Includes legal, insurance, and inspection fees.
Interest Risk
+1.0% Rate hike5.29%
$2,955
+$278/mo+2.0% Rate hike6.29%
$3,246
+$570/mo+5.0% Rate hike9.29%
$4,185
+$1,508/moRenewal stress test based on current balance.
Estimated Payment
$2,677/mo