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Canadian Mortgage Calculator 2025

CMHC insurance, stress test qualifying income, and land transfer tax for all provinces.

Home Price ($)

Down Payment ($) — 20.0%

Mortgage: $520,000

Interest Rate (%)

Amortization (years)

Payment Frequency

Province (for land transfer tax)

Monthly Payment

$3,193

Total interest

$437,976

Land transfer tax

$9,475

Stress test rate

7.50%

Income needed

$144,103/yr

Home price$650,000

Down payment$130,000

Mortgage amount (base)$520,000

Total mortgage$520,000

Total repaid over amortization$957,976

Total interest paid$437,976

Land transfer tax$9,475

⚠️ Stress test qualifying income uses 7.50% rate with 32% GDS ratio. CMHC insurance is required for insured mortgages with down payments under 20% and purchase price under $1.5M. Consult a mortgage broker for personalized advice.