Mortgage Payment & Affordability Calculator (Canada 2026)

Important: This tool provides general estimates only. It is not personalized financial or tax advice. Always verify your contribution room, tax rates, and limits through CRA My Account. Results depend on many variables and assumptions. Consult a qualified financial advisor or the Canada Revenue Agency.

Standard amortization formula. CMHC insurance added if down payment <20%. Total cost includes property tax + heat. Estimates only — not advice. Stress test (rate +2%) not included here. Verify with lender. Rates and rules change.

Mortgage Payment & Affordability Calculator (Canada 2026)

Free Canadian financial calculator — results update as you type.

Your Details

Purchase Price($)

Down Payment (%)(%)

Annual Interest Rate(%)

Amortization Period(years)

Annual Property Tax($)

Monthly Heating Costs($)

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Enter your details above

Your results will appear here instantly.

Results update automatically as you type. Estimates only — not financial advice.