Calculate your mortgage payments and compare living vs investment scenarios
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Break down your amortization into terms with different interest rates
ℹ️ Simulation Only: This is for planning purposes. Please verify all terms and rates directly with your bank or mortgage broker.
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Plan to accelerate your payoff and save on interest with optional extra payments
Plan ahead by entering costs for living in the property or renting it out as an investment
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Total cost when living in the property
Principal and interest breakdown by term
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• This calculator provides estimates for planning purposes only.
• Actual mortgage rates and terms may vary based on your credit profile and lender.
• CMHC insurance is required for down payments less than 20% of the property price.
• Investment Tax Benefits: Mortgage interest, property taxes, insurance, maintenance, and property management fees are typically tax-deductible expenses, helping to offset costs and improve your overall return on investment.
• Investment property calculations show baseline scenarios. Consider building a vacancy reserve (typically 5-8% of annual rent) for maintenance and potential vacancy periods.
• Consult with a mortgage professional for personalized advice.