Know What You Can Afford: Before deciding to buy a home, you first need to determine exactly how much you can afford to spend each month; and what additional expenditures you might incur.
Using RRSPs to Help: With the federal government's Home Buyers' Plan, you can use up to $20,000 in RSP savings ($40,000 for a couple) to help finance a down payment on a first home. Mortgage Basics: Besides the actual type of mortgage you select, there are other important characteristics of your mortgage that determine exactly how much you will pay - both monthly and over the life of your mortgage.
Our calculators will help you determine loan amounts, mortgage qualification, affordability or whether you should be renting or buying.
Complete the fields below and click Calculate Now. To view the results of each calculation, click on the various tabs. To email yourself a copy of the results, click the Receive this Detailed Analysis link.