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REALTOR® · Thames Ridge Realty Inc., Brokerage · Serving London & Area

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Mortgage calculator

What would your payment look like?

Adjust the price, down payment, rate and amortization to see an estimated mortgage payment. It's a starting point for a conversation with your lender.

Estimate your payment

Run the numbers before you shop.

Estimates only. Your actual rate and payment depend on your lender, credit and the mortgage product you choose. In Canada, a purchase with less than 20% down usually requires mortgage default insurance, which your lender will add to the loan.

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Monthly payment

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Mortgage amount
Mortgage default insurance (est.)
Total interest over amortization
Monthly cost incl. condo fees

Estimates only. Uses Canadian semi-annual compounding and an approximate default-insurance premium for down payments under 20%. Budget separately for closing costs such as legal fees, title insurance, an inspection and any provincial land transfer tax or registration fees. Actual rates, premiums and payments are set by your lender; speak with a mortgage professional before making decisions.

Found a price range that works?

Start browsing homes in that range, or talk to me about where your budget goes furthest in London.