Mortgage calculators
Mortgage Calculators
Use these calculators to estimate your monthly mortgage payment, the down payment you need, closing costs and what a renewal could change. Enter a price, rate and amortization to see results instantly. They are estimates only. For a real rate and approval, Sasha reviews your full file against current lender terms.
Try the calculators
Pick a tool, enter your numbers and see the result straight away.
Estimates only. This is general information, not an offer or approval. Actual rates and terms depend on the lender and your file.
Which calculator should you use?
Purchase calculator
Shows your total monthly cost and the minimum down payment for a home you are buying.
Mortgage calculator
Estimates your payment from the mortgage amount, rate and amortization.
Compare side by side
Lines up to four scenarios so you can see which option suits you best.
Renewal calculator
Shows how your payments could rise or fall when your term comes up for renewal.
Closing costs
Estimates the one-time costs you pay when a purchase completes.
What the numbers do not include
- Property taxes, home insurance, utilities and condo fees.
- Legal and appraisal costs, and any lender or broker fees.
- Lender approval. Your income, credit and property all affect the rate and terms you are offered.
For private, commercial or self-employed financing, see the guides on private, commercial and self-employed mortgages.
Get a real rate from Sasha
Sasha is a licensed mortgage broker with Mortgage Architects in West Vancouver, serving clients in BC and Alberta. She compares lenders and walks you through your options. BCFSA Lic. #154371 • Alberta Lic. #00132955.
Frequently asked questions
How accurate are these mortgage calculators?
They give estimates based on the numbers you enter. Your actual payment depends on the lender, your rate, term and amortization, and your approval. Sasha can confirm real numbers once she reviews your file.
Is the calculator a rate quote or an approval?
No. The results are general information, not an offer, quote or approval. Rates and terms depend on the lender, the property and your situation. Contact Sasha for a personalized quote.
What does the mortgage payment calculator use?
It uses the mortgage amount, interest rate, amortization and payment frequency to estimate your payment, and it shows how much goes to principal and how much to interest.
What costs are not included in the monthly payment?
Property taxes, home insurance, utilities and condo fees are separate. Closing costs such as legal fees, and any lender or broker fees, are also extra. Any broker fee should be disclosed to you in writing before you commit.
Do these calculators work for private or commercial mortgages?
They suit standard residential scenarios. Private, commercial and self-employed financing work differently, with different rates and fees, so read the guides or contact Sasha for a quote on your file.
Talk to Sasha about your mortgage
Tell her about your situation and she will walk you through your options. Available Monday to Saturday, 8am to 8pm Pacific.