Mortgage Calculator

Canadian rules applied — CMHC insurance, LTT, and payment frequency calculated in real time.

Loan Details

Home Price

$100,000$3,000,000

Down Payment

$0$375,000

20.0% down

Interest Rate

1%10%

Amortization

yrs

5 yrs30 yrs

Payment Frequency

Province

City

First-Time Home Buyer

OSFI Stress Test

Monthly Payment

$3,065

/month

Mortgage

$600,000

Total Interest

$319,568

Total Cost

$919,568

Payment Breakdown

Principal ($600,000)

Interest ($319,568)

● Payoff Lab users pay the same monthly — but finish 5 years earlier. See how →

Amortization Curve

Cash Needed to Close

Down Payment$150,000

Land Transfer Tax$11,475

Legal Fees (est.)$2,000

Title Insurance (est.)$500

Home Inspection (est.)$500

Total Cash Needed$164,475