SERVING Greater Toronto Area and Beyond! - MOBILE
Chris De Souza
Mortgage Agent Level 2
C (416) 884-2984   P calendly.com/speaktochris
Email chris@desouzamortgages.com

CALCULATORS

Want to see what your monthly payments will be, see if you should rent or buy or maybe see what you can afford? We have calculator solutions for you.

Determine Your Mortgage Payments: Canadian Mortgage Calculators

Find out more about monthly mortgage payments, whether you should rent or buy, and what you can afford with Mortgage Architect’s Canadian mortgage calculator. Our mortgage calculators are some of the most comprehensive. Get started today!

Mortgage information

STEP 1 ENTER MORTGAGE INFORMATION
Mortgage Amount $
Payment Frequency
Mortgage Term
Interest Rate
Amortization Period
STEP 2 YOUR PAYMENT DETAILS
Your Payment is:
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Term Principal
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Term Interest
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Term Interest + Principal
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End of Term Balance
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STEP 3 WHAT'S NEXT?

Amortization Schedule

Period Payment Principal Interest Balance
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* All calculations are for informational purposes and are subject to change

Mortgage Payment Calculator

Use this mortgage payment calculator to determine your monthly mortgage payments. Compare multiple mortgage scenarios to see how to save thousands in interest costs and pay down your mortgage sooner.

Visit our Learning Center today for more mortgage resources!
STEP 1
ENTER YOUR HOME INFORMATION
Anticipated Home Price $
Available Down Payment $
Amortization
Interest Rate
Anticipated Home Value Increase
STEP 2
ENTER YOUR RENT INFORMATION
Monthly Rent $
Anticipated Annual Rent Increase
Comparison Timeframe
The minimum down payment in Canada is 5%. 5% down payments only apply to the first $500,000 and then 10% thereafter.

Calculate

Rent Buy
Estimated Monthly Mortgage Payment -
Total Payment Over 25 Years
Estimated Equity -
Year Cumulative
Rental Payments		 Cumulative
Mortgage Payments		 Cumulative
Equity

Rent vs. Buy Calculator

Not sure if you should rent or buy? This calculator will help you make an informed decision. Simply compare your anticipated home price and information versus your monthly rent information to see which is the better option for you!

Visit our Learning Center today for more mortgage resources!
STEP 1 MONTHLY HOUSING COSTS
Gross Monthly Income
$
Total Monthly Debt
$
Annual Property Taxes
$
Monthly Heating Cost
$
Monthly Condo Fee
$
STEP 2 MORTGAGE INFORMATION
Available Down Payment
$
Interest Rate
Amortization
STEP 3 RESULTS
Maximum Monthly Mortgage Payment
Maximum Purchase Price
The minimum down payment in Canada is 5%. 5% down payments only apply to the first $500,000 and then 10% thereafter.
Calculate

Mortgage Affordability Calculator

Not sure how much home you can afford? Our Affordability calculator will help you understand what potential purchase price you can afford. Simply balance your monthly income against housing costs and your mortgage information in order to determine your maximum purchase budget.

Visit our Learning Center today for more mortgage resources!