It’s the dream of most Canadians to own their own home. For good reason… history shows that there is no other investment which has consistently returned the appreciation that real estate has. But like all financial decisions, there are a number of considerations that should be reviewed in preparation to making a smart investment.

We have assembled these financial tools to help you work through the decision-making process:

Amortization Calculator: You can calculate and an amortization payment chart for mortgage terms that you input.

Home Financing Calculator: Use this tool to calculate and test mortgage financing options for your property purchase.

Mortgage Manager Calculator: Calculate the data necessary to make decisions concerning early renewal, blending, or wrapping a 2nd mortgage.

Amortization Schedule: Calculate and print off an amortization payment schedule for your mortgage terms and see how extra payments impact your mortgage.

Buy Down Calculator: Compare an interest rate buy-down with a Price Reduction. View the effect on housing affordability.

Housing Affordability Calculator: A fast and easy tool to find out how much home you can afford. Change interest rates, fees, and income to test options.

Rent vs Own Calculator: Use this calculator to compare options for renting or buying a home.

Differential Calculator: Compare mortgages of different rates.

Please keep in mind that these tools are only meant to assist in consideration processes. We cannot guarantee the real-time accuracy of the results. Always consult with a qualified financial advisor prior to making your decision.