donna sommers professional real estate agent • Vancouver
Calculators
Interest is compounded semi-annually not in advance. Interest rate is fixed for the term of the mortgage. * Calculations are approximate and do not account for the payment of maitenance or insurance premiums that may be required. The information contained on this page is for estimation purposes only. Actual payment amount must be obtained from a lender of your choice. Neither The Real Estate Agent nor any of its advertisers shall have any liability for the accuracy of the information contained on this page. These calculator are for demonstration purposes only. We do not guarantee that all calculations are accurate. Always consult a professional financial advisor before making personal financial decisions.
Calculate how much you can afford
Our two calculators make it easy to figure out the maximum you can afford so you can stay within your budget.
The first calculation will help you estimate the maximum mortgage you can afford per month. Simply enter your income and expense amounts and the calculator will do the rest.
Then, you can compare this number to the mortgage required for specific loan amounts. Just enter the loan amount in our second calculator and the monthly principal and interest will be figured out for you.
Calculate how much you can afford per month
The information contained on this page is for estimation purposes only. Actual amount must be obtained from a lender of your choice.
Calculate your mortgage per month
The maximum for mortgage approval may vary. Use Net income for self employed/commissioned sales applicants. * Calculations exclude secondary financing and are estimates only. Please contact a mortgage specialist to discuss conditions that may apply to your circumstances. The information contained on this page is for estimation purposes only. Actual payment amount must be obtained from your lender of choice. Neither The Canadian Real Estate Association nor any of its advertisers shall have any liability for the accuracy of the information contained on this page.