A mortgage calculator is a helpful way for you to get an idea of what price range you should be looking in for your next home. When you are serious about buying a home, you should enlist the help of a bank or a mortgage broker to become pre-approved, but this calculator is a helpful start.

Mortgage Amount

(Enter 1 to 30 years)
Interest Rate
(Enter percentage rate)
Payment Frequency

Please note that these calculations can vary by up to 10% based on property type, interest rate, and your down payment.

Your Mortgage Analysis
Mortgage Payment
Mortgage Balance After
One Year
Two Years
Three Years
Five Years
Ten Years

Contact a Mortgage Professional

Getting a pre-approved mortgage shows sellers that you are a serious home-buyer and it can give you an advantage if you find yourself in a multiple bid situation. If you are looking for a mortgage broker to work with contact Karen Fritz.

CENTUM Alternative Mortgages Ltd.
Karen Fritz – Mortgage Broker

101D 391 First Street
Collingwood, ON L9Y 1B3
(705) 715-8973

[email protected]