Mortgage Calculator

 

Should I Rent or Buy?
$1,275/month
RENTING
$3,751/month
BUYING

Buying a home will cost you $2,476 more per month than renting

Note: This feature is included for expository and informational purposes; it is not meant to be taken as personalized or expert financial advice.
Purchase Price


1st Time Home Buyer
Property Located in Toronto
Property Located in British Columbia


Land Transfer Tax
Purchase Price
Interest Rate
Taxes (yearly)
Condo Fees (yearly)
Amortization


Percent Down
Down Payment
Remaining Mortgage
CMHC/GE Premium
Total Financing
Monthly Mortgage Payment
Taxes/Fees
Total Payment
Income Required
You can find out more about CMHC by visiting their Web Site.

Please be aware, HST is due the date of closing and is not added to a mortgage.
Purchase Price:
$
Downpayment:
$
Total CMHC:
$
Total PST:
$
Please be aware that these calculators are for indicative purposes only and will offer approximate values.
SellingToolz Ltd.

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The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.The information contained on this site is based in whole or in part on information that is provided by members of The Canadian Real Estate Association, who are responsible for its accuracy. CREA reproduces and distributes this information as a service for its members and assumes no responsibility for its accuracy.

MLS®, Multiple Listing Service®, REALTOR®, REALTORS®, and the associated logos are trademarks of The Canadian Real Estate Association.

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