CMHC Calculator
Canada Mortgage and Housing Corporation
Homebuying Tools — Calculators
Easy to use mortgage tools to help you establish your financial situation, determine how much house you can afford and the maximum price that you should be considering when buying a home or cottage on the Bruce Peninsula.
A tool that allows homebuyers to evaluate their financial situation and understand how much they can comfortably afford to spend on a mortgage.
A tool to help you estimate the premium payable when you are purchasing a home. Simply enter the purchase price, down payment and the amortization period.
Compare your income with your current or planned expenses and debt payments and see what you can afford.
A tool to find how much and how often your payment will be. Compare options and find one that’s right for you.
Mortgage Affordability Calculator
Easy to use mortgage tool to help you estimate the maximum mortgage you can afford.
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Note: Information contained on this page does not take into account changes to mortgage insurance parameters announced by the Government of Canada on December 11, 2015. These changes will come into effect on February 15, 2016.
Source: http://www.cmhc-schl.gc.ca/en/co/buho/buho_005.cfm
Think you are ready to start looking for a home or cottage on the Bruce Peninsula? Take a look at our MLS Listings!