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Mortgage payment calculator

Buy your home with only a 5% down payment

You’ve found the home that suits you from among our many projects, but what about financing?

You should know that purchasing a home generally requires:

A minimum down payment of 5% of the purchase price for the first $500,000
A minimum down payment of 10% for amounts exceeding the initial $500,000
A 20% down payment on the total purchase price for homes of at least $1,000,000
Proof of your ability to pay the various purchase-related expenses (e.g., notary’s fees, moving costs), which represent 1.5% of the price of the house

Mortgage payment calculator

Price of the house ($):

Down payment ($):

Amortization:

Interest rate (%):

Payment frequency:

Your payment*:

- $

*The interest rate and results are for information purposes, and can vary depending on your financial situation or chosen financial institution. The results provided do not take into account the effect that the CMHC insurance premium (mandatory in some cases) could have on your payments, if you choose to finance it with your mortgage.

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