Mortgage Payment Calculator

Our mortgage payment calculator calculates your monthly payment and shows you the corresponding amortization schedule. If you are purchasing a home, our payment calculator allows you to test down payment and amortization scenarios, and compare variable and fixed mortgage rates. We also help you calculate CMHC insurance and land transfer tax.

Mortgage payment calculator

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What is Land Transfer Tax?

When you're buying a property in Canada, there are numerous costs associated with the transaction that are typically overlooked and forgotten by buyers. A good example of this is land transfer tax. Land transfer tax will vary across Canada both provincially and municipally, but it's typically a significant amount of money (except if you're in Alberta)! Learn everything you need to know about land transfer tax here.

Depreciation for Rental Properties in Canada

If you are investing in rental properties, you need to understand the concept and principle of depreciation for rental properties. This strategy will save you tens of thousands of dollars in taxes over time, and can help achieve a variety of different outcomes...

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