Canadian Mortgage Calculators
Plan your purchase, estimate your payments, and understand your closing costs
— all in one place.
đą Mobile Keyboard:
đĸ Number Pad
â¨ī¸ Full Keyboard
đ
RADmtg Calculators
Smart tools to plan your perfect home purchase
Your Mortgage Details
$
$100K
$2M
$
0%
100%
20.00% of purchase price
%
0.5%
15%
Payment Summary
đŗ
Enter your details and hit Calculate.
Your Mortgage Payment
—
per month
Mortgage Amount
—
Total Paid
—
Total Interest
—
Balance at Term End
—
—
Interest
Principal
—
Interest
—
Term Interest
—
Your Financial Profile
$
$
$
%
$
$
$
Affordability Results
đ
Enter your income and expenses to discover how much home you can afford.
Maximum Purchase Price
—
based on your income & existing debts
Max Mortgage
—
Monthly Payment
—
Qualifying Rate
—
Monthly Income
—
GDS Ratio
—
TDS Ratio
—
đĄ
Want more buying power?
With a down payment greater than 20% we may have more flexibility in your maximum purchase calculations — please contact our office to explore these options.
Property & Purchase Details
$
$
20.00%
$
$
$
Cost Breakdown
đ
Fill in your purchase details to get a full closing cost estimate.
Estimated Closing Costs
—
in addition to your down payment
Down Payment
—
Total Cash Needed
—
đĄ Tip:
Budget 1.5–4% of purchase price for closing costs — on top of your down payment.
Property Transfer Tax
$
$100K
$3M
đī¸ BC First-Time Buyer — Qualifying Conditions
- Never owned a principal residence anywhere in the world
- Resident of B.C. for the last 12 months
- Under $500,000: Full exemption — pay $0 PTT
- $500,001 – $835,000: Partial exemption — $8,000 rebate applied
- $835,001 – $860,000: Sliding scale exemption (phases out to $0)
- Over $860,000: No first-time buyer exemption applies
- Newly Built Homes: Full exemption under $1,100,000 — partial $1,100,001–$1,150,000. First-time buyer status NOT required.
- A full PPT info sheet is available — please contact our office for further assistance.
Tax Breakdown
đī¸
Select your province and purchase price to see your land transfer tax.
Total Transfer Tax Due
—
after applicable rebates
Gross Tax
—
Municipal Tax
—
Total Rebate
—
% of Purchase
—
Calculations are estimates for informational purposes only. BC PTT exemption thresholds current as of 2024/2025 — always verify with the BC Ministry of Finance. Canadian mortgage calculations use semi-annual compounding per the Interest Act of Canada. Always consult a licensed mortgage professional or legal advisor.
