Use the following Mortgage calculators as a helpful tool that can give you a clear idea when calculating payments, affordability, and more
Calculate your mortgage payment. Create an amortization schedule. Discover what you will owe in 5 years
Calculate the maximum mortgage amount you qualify for based on your income. A great tool for buyers!
You like a house and know the price, you know your annual income, enter the maintenance fee if applicable or the heating monthly heating cost, you also know your monthly credit card and soft loans payments, click here for property taxes in Toronto
Now you can estimate how much you can afford, If you have a question give me a call.
Isolate a variable in the determinants of a mortgage payment
Calculate your mortgage payment for several payment frequencies (weekly, bi-weekly, semi-monthly and monthly). Discover how many years you will shorten your amortization.
Rent or buy:
Compare the financial advantage of renting and buying based on your current monthly rent, funds towards your down payment and your desired monthly payment if you purchased a home.
Calculate your mortgage payment. Discover how many years you will shorten your amortization and how much interest savings you will realize by making a prepayment (lump sum) on your mortgage.
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