Mortgage Calculator

Estimate Your Monthly Payments

Buying a home in Greater Montreal? Use our mortgage calculator to estimate your monthly payments, including principal, interest, property taxes, and insurance. Whether you’re a first-time buyer or upgrading to your dream home, this tool helps you budget effectively and plan your purchase with confidence.

Canadian Mortgage Calculator

Mortgage Payments

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How to Use the Mortgage Calculator

  1. Enter the Home Price – Input the expected purchase price of your desired property.
  2. Adjust Your Down Payment – Set the amount you plan to put down (5%, 10%, 20%, etc.).
  3. Choose Your Mortgage Term – Select a term ranging from 1 to 30 years.
  4. Set Your Interest Rate – Enter the current mortgage rate or use an estimated rate.
  5. Include Taxes & Insurance – Get a complete picture of your costs.

 

Why Use This Calculator?

✔ Get Realistic Monthly Payment Estimates – Avoid surprises when budgeting for your new home.
✔ Compare Different Loan Options – Test different down payments, terms, and rates.
✔ Plan Your Home Purchase – Understand how much home you can afford before applying for a mortgage.

 

Need Personalized Advice?

While this calculator provides a great starting point, every homebuyer’s situation is unique. If you have questions about mortgage pre-approvals, interest rates, or financing options, I’m here to help. Contact me today for expert guidance tailored to your real estate goals.

Marouane Abid

Real Estate Broker

Contact Us

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