Mortgage calculator
What will it cost you?
Enter your numbers once. You’ll see your mortgage payment, what prepayments could save you, and the cash you’ll need on closing day. Nothing you type is saved or sent anywhere.
Purchase price
Your mortgage payment
–
a month
Accelerated payments add up to about one extra monthly payment a year, so you’re mortgage-free sooner.
Stress test
Doesn’t include property tax, home insurance or condo fees. Your lender’s numbers may differ slightly.
Prepayment
Years until mortgage-free
Accelerated bi-weekly or weekly payments, in the payment box, also get you there sooner.
What prepayments save
$0
Compare payment options (regular payments, no prepayments)
Tap a row to switch to it. All figures assume your rate stays the same for the whole amortization; in real life it changes at each renewal.
Your mortgage summary
All your numbers and charts, plus your payment schedule by year and by month. Get it as a PDF by email.
Cash needed for closing
–
Your down payment plus Alberta closing costs. Government fees are exact; anything with a “+” is an estimate.
Mortgage insurance is added to your mortgage, not paid in cash. Not included: property tax and condo fee adjustments, moving and utility hookups.
Monthly expenses
– a month
Your regular mortgage payment plus the usual costs of owning. Each cost starts as an estimate. Type your own number to replace it.
Estimates as of October 2026. Get real quotes for insurance, and check the property’s tax and utility history with the seller.
Buying a rental you won’t live in? Try the rental property calculator for cash flow, returns and a 10-year projection.
Figures as of October 2026 and can change. This calculator gives estimates to help you plan. It isn’t a mortgage approval or financial advice. Speak with your mortgage professional, and confirm costs with your lawyer.