Mortgage payment calculator

Estimate a payment, compare assumptions, and send the scenario to Abir when you’re ready.

Illustrative rate set by Abir: 4.49% · Updated Jul 23, 2026

20% down · mortgage insurance not required

The down payment is at least 20% of the purchase price.

Payment frequency

Insured mortgage eligibility

These choices affect 30-year insured amortization eligibility.

I am a first-time home buyer

This is a newly built home

Estimated payment

$3,760

per month

Payment breakdown

Illustrative estimate only

Actual qualification, rates, insurance, taxes, penalties, and lender terms may differ. This is not a mortgage approval or rate offer.

Rule set ca-on-2026-07-23, reviewed Jul 23, 2026. Sources: FCAC, CMHC, Ontario, and Toronto.

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