Calculating Tools
Run the numbers before you talk to an agent
$1,000,000
20% · $200,000
4.90%
25 yrs
Payment Frequency
Payment (Monthly)
$4,630
Principal & interest only
Loan amount$800,000
Total interest (25 yrs)$589,069
Mortgage Stress Test
Lenders qualify you at 6.90%, roughly $5,603/mo.
Estimate only, based on publicly available CMHC premium rates and federal stress-test rules. Confirm exact figures with a licensed mortgage professional.