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Calculators

The Canadian Institute of Mortgage Brokers and Lenders (CIMBL) have calculators to help consumers with their mortgages. Have fun playing with figures!

Rent vs. Buy Calculator
Compare the costs of owning vs. renting. You will be surprised!

Maximum Mortgage Calculator
The amount of mortgage that you may qualify for is dependent on the interest rate and your annual income. Expenses such as property taxes, monthly utilities, other loans and credit card debt will reduce your mortgage eligibility. 

Mortgage Analyzer Calculator
Find out monthly payments on different mortgages at varying interest rates. See how much your equity will increase over the years.

Mortgage Isolator Calculator 
Amortization schedules to show you how much of your mortgage payment is interest vs. equity.

Prepayment Calculator 
Usually all mortgages allow prepayment on each anniversary date. A small pay down each year can save you thousands of dollars on interest!

Contact us and start saving on your mortgage today!

 
 

 

 
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