Free Ottawa mortgage tools
Ottawa Mortgage Calculators
Run the numbers on a purchase, renewal or refinance with the calculators below, then send me the result and I will tell you what it means for you.
These are estimates to get you oriented. For a real number that accounts for your lender, product and the penalty, talk to Nick Bachusky, a licensed Mortgage Agent working under Referral Mortgages Inc.
What you can work out here
Purchase Calculator
Estimate the monthly payment on a home you are thinking of buying in Ottawa.
Maximum Mortgage
See roughly how much you could borrow based on your income and down payment.
Required Income
Work backwards from a target home price to the income a lender wants to see.
Mortgage Renewal
Compare what your renewal could look like before you sign the first mailed offer.
Debt Service Calculator
Check your GDS and TDS ratios, the two numbers lenders use to approve you.
Closing Costs
Add up the one-time costs that land on top of your down payment at closing.
Land Transfer Tax
Estimate Ontario land transfer tax, and any first-time buyer rebate you may get.
Open the Ontario land transfer tax calculatorCompare Side by Side
Put two mortgage options next to each other and see the real difference.
A calculator is a starting point, not the answer.
A mortgage calculator shows you an estimated payment from a price, rate and amortisation. It cannot see your lender's rules, your credit, or the penalty buried in a cheap rate. That is the part I handle, so the number you act on is the real one.
When you have a figure you like, the next step is simple. Check today's current Ottawa mortgage rates, read why the mortgage penalty matters as much as the rate, and then plan your Ottawa home purchase with someone who shops dozens of lenders for you.
Buying your first place? Start with my first-time home buyer guide for Ottawa, or see exactly how working with me works from first call to broker complete.
Nick Bachusky · Mortgage Agent Level 1 · Referral Mortgages Inc. · FSRA #13316. Calculator results are estimates only, not an offer or a guarantee of approval, rate or cost.