Mortgage Payment & Affordability Calculator (Canada 2026)

Important: This tool provides general estimates only. It is not personalized financial or tax advice. Always verify your contribution room, tax rates, and limits through CRA My Account. Results depend on many variables and assumptions. Consult a qualified financial advisor or the Canada Revenue Agency.

Standard amortization formula. CMHC insurance added if down payment <20%. Total cost includes property tax + heat. Estimates only — not advice. Stress test (rate +2%) not included here. Verify with lender. Rates and rules change.

Purchase Price($)

Down Payment (%)(%)

Annual Interest Rate(%)

Amortization Period(years)

Annual Property Tax($)

Monthly Heating Costs($)

Ready when you are!

Enter your values to see projected results.

Results update automatically as you type. This is an estimate only.