The calculator below will help you run some numbers, look at the effect of a down payment, and show you how much your mortgage payment (whether over 25 years or 30 years) could be. Just a reminder, a 30 year amortization will require a 20% down payment.

You will also find fields where you can enter other household costs, ie property taxes, condo fees etc, so you can get a more complete picture of how much your property purchase could be on a monthly basis.

Watch the short video to learn how to use the calculator!