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Mortgage Qualifier

This calculator will help you to calculate the monthly payments and income required for a mortgage of a particular amount. It will provide a breakdown of the monthly expenses, the interest amounts, as well as extra expenses.

Refer to the Bank of Canada for the latest interest rates.

* BOLD TEXT denotes a required field

ASKING PRICE OF NEW HOME  
INTEREST RATE  
YEARS AMORTIZATION  
DOWN PAYMENT  
GROSS DEBT SERVICE RATIO (%)  
ANNUAL PROPERTY TAXES  
ANNUAL HEATING COSTS  
MONTHLY CONDO FEES  
 
DOWN PAYMENT  
MORTGAGE / LOAN AMOUNT  
CMHC / GE PREMIUM  
TOTAL FINANCING  
  MONTHLY MORTGAGE PAYMENT (PRINCIPAL & INTEREST)  
EXPENSES  
TOTAL MONTHLY PAYMENTS  
APPROXIMATE ANNUAL INCOME REQUIRED  

Contact Robert Nimmo

Call or email Robert and his team at the contact information below.

Phone: +1 416 236 1241

Email: homes@robertnimmo.com

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