Client Tools

Mortgage Calculator

Built on real Canadian mortgage mechanics — semi-annual compounding, CMHC premium tiers, minimum down-payment rules and accelerated bi-weekly schedules. Most online calculators quietly skip all four.

Your Numbers

Purchase Price (CAD)

Down Payment (CAD) That is 20.0% of the purchase price.

Interest Rate (%)

Amortization

Payment Frequency

Property Tax (Annual)

Condo Fees (Monthly)

Results update as you type. The button is here for anyone who prefers to confirm with a keypress.

This calculator needs JavaScript. Call +1 (647) 617‑8507 and Pavan will run the numbers with you, or email info@pavannarang.com.

Estimated Payment

$—

per month

Mortgage Amount: $—
CMHC Insurance Premium: $—
Total Interest Paid: $—
Monthly Carrying Cost Payment + tax + fees: $—

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How This Is Calculated

· Canadian fixed mortgages compound semi-annually, not monthly — the effective period rate here is (1 + rate ÷ 2)^1/6 − 1.
· Minimum down payment: 5% of the first $500,000, 10% of the portion to $1.5M, 20% above $1.5M.
· CMHC premium tiers of 2.80%, 3.10% and 4.00% are applied to the mortgage amount and added to the principal.
· Accelerated bi-weekly halves the monthly payment and takes it 26 times a year — the equivalent of 13 monthly payments instead of 12, which is what shortens the amortization.

Estimates only. Not a mortgage approval or an offer of credit. Confirm figures with a licensed mortgage professional. Pavan can introduce you to lenders he works with regularly.

Next Step

Know your number, then go see the homes.

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