Mortgage Calculators
Estimate your mortgage payment, how much home you can afford, your land transfer costs, and the equity you could unlock — all in a few seconds.
Estimated Payment
- Mortgage before insurance–
- Default insurance premium–
- Total mortgage–
- Loan-to-value–
Assumes a fixed rate compounded semi-annually (the Canadian standard). Estimate only — your actual payment, rate and insurance premium depend on qualification and lender terms.
Estimated Maximum Purchase Price
- Maximum mortgage–
- Stress-test qualifying rate–
- Limiting ratio–
Based on standard debt-service guidelines (39% GDS / 44% TDS) and the federal stress test — you must qualify at the greater of your contract rate + 2% or 5.25%. Lenders assess each file individually; your true budget may be higher or lower.
Estimated Land Transfer Tax
Equity You Could Access
- Maximum new mortgage (80% of value)–
- Current balance–
- Total home equity–
A standard refinance lets you borrow up to 80% of your home's appraised value. Whether refinancing makes sense also depends on prepayment penalties, legal and appraisal costs, and your goals — we'll walk you through the full math.
These calculators provide estimates for general information only. Results are not a quote, pre-approval or guarantee of financing. Actual qualification, rates, payments, premiums, taxes, rebates and closing costs vary by lender, property and personal circumstances, and rules change over time. Figures reflect rules in effect as of August 2026. Please contact Akal Elevate Mortgages for advice on your specific situation.
Numbers are a starting point. Let’s look at the full picture.
Rates, rules and rebates all interact — a quick conversation with a licensed broker will tell you exactly where you stand, at no cost and with no obligation.