Mortgage Calculator Toronto - MorCan Direct (416) 766-9000

Home Buying

Home Buying Calculators

Annual Income

Annual Income

Co-Applicant Income

Monthly Living Costs

Property Tax

Condo Fees

Heating Costs

Monthly debt payments

Credit Card

Car Payment

Other Loan Expenses

Borrowing Details

Rate

Downpayment

Based on your income, you can afford a mortgage of {{ affordabilityTotal | currency:undefined:0 }} which means your purchase price is {{ purchasePrice | currency:undefined:0 }}.

Purchase Price

Down Payment

Down Payment Equivalent

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Maximum Loan Amount

{{maximum_loan_amount|currency}}

Mortgage Insurance

{{insurance|currency}}

Total Mortgage Required

{{totalMortgageRequired|currency}}

Amortization period

years

Results

Mortgage Rate/Type Monthly Payment Bi-Weekly Payment
{{morcan_rates.five_variable.rate}}% - 5 Year Variable {{fiveVariable|currency}} {{fiveVariableBi|currency}}
{{fiveFixedRate}}% - 5 Year Fixed {{fiveFixed|currency}} {{fiveFixedBi|currency}}
{{oneFixedRate}}% - 1 Year Fixed {{oneFixed|currency}} {{oneFixedBi|currency}}
{{tenFixedRate}}% - 10 Year Fixed {{tenFixed|currency}} {{tenFixedBi|currency}}

Purchase Price

Province

First Time Home Buyer?

Land Transfer Tax

{{landTransferTax|currency}}

Purchase Price

Down Payment

%

Mortgage Insurance

{{insurance|currency}}

Total Mortgage Required

{{totalMortgageRequired|currency}}
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