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Ottawa Real Estate · Tools

Mortgage Calculator

Model any scenario with accurate Canadian semi-annual compounding. Adjust the sliders to see your payment, total interest, and whether CMHC insurance applies.

$750,000
$100K$3M
20%
5%50%
5.25%
1%12%

Estimated Payment

$3,576

per month

Principal 56%Interest 44%
Loan Amount$600,000
Total Interest$472,652
Total Cost$1,072,652

Estimates are based on Canadian semi-annual compounding. Actual rates and payments vary. Contact Mark for a personalized pre-approval strategy.

Good to Know

Smart Financing Tips

20% Down Avoids CMHC

Putting 20% or more down means no mortgage default insurance, saving thousands over your term.

Stress Test

Lenders qualify you at the higher of your rate + 2% or 5.25%. Budget with a buffer in mind.

Accelerated Payments

Switching to accelerated bi-weekly payments can shave years off your amortization.

Ready for a real pre-approval?

I'll connect you with Ottawa's top mortgage brokers to lock in your budget.