Below is a basic mortgage payment calculator. Although useful, it does not factor in government insurance fees or property taxes. Use it to get a general fee for what a payment might be for budgeting purposes. A full budget such as Your Lifestyle Snapshot found in our Checklists, Tools and Booklets section should be done prior to purchasing a home.
Below is a Pre-Qualify Calculator from CMHC. Although handy, it can never replace the expert advice given when getting a formal Pre-Approval done through a professional. There are many other factors that can afect a Pre-Approval that a calculator just cannot calculate.
