Tools
Mortgage Calculator
Built for Canadian mortgages, not adapted from a US template — the math below compounds semi-annually as required by Canadian law, includes CMHC mortgage default insurance automatically when your down payment is under 20%, and adds property tax and condo fees so the total is a realistic monthly carrying cost, not just the bare mortgage payment.
Mortgage estimate
Estimate only — actual payments depend on your lender, credit, and closing costs. Uses Canadian semi-annual compounding, as required by law, not the US monthly-compounding convention most templates use.
Down payment
$100,000 (20%)
Base loan amount$400,000
$2,439 / month
First payment: $1,809 interest, $630 principal
Found a number that works?
Browse current Calgary listings in that price range, or reach out directly with any questions.