Mortgage Calculator
Mortgage & Ownership Cost Calculator
Minimum required: 6.9% ($55,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$640,000.00
Periodic payment — Principal & Interest (monthly)$4,129.06
Additional monthly expenses (strata, tax, utilities, etc.)$0.00
Total monthly cost$4,129.06
Interest paid over 5-yr term$183,425.84
Balance at end of term$575,682.07
Rates based on Bank of Canada benchmark data. Last updated: 2026-08-26 00:00:00+00.
Property price defaults to $800,000 for illustration — use the calculator on any listing page for a price-specific estimate pre-filled from that listing's actual strata fee.