Run the real numbers on affordability, payment schedules, Manulife One, Smith Manoeuvre, refinancing, debt consolidation, home equity, and mortgage qualification — all in one place, instantly.
Calculate your monthly payment, CMHC insurance, and total interest based on your purchase details.
Want to lock in this rate with a pre-approval?
Get My Free Pre-Approval →Estimate Ontario provincial and Toronto municipal land transfer tax — with first-time buyer rebates automatically applied.
LTT is due on closing and is not financed into your mortgage. Budget for this as part of your closing costs.
Questions about closing costs? Let's walk through the full picture.
Book a Free Consultation →Estimate the maximum mortgage and purchase price you qualify for under Canada's stress test — GDS ≤ 39%, TDS ≤ 44%.
💡 How the stress test works: Your qualifying rate is your contract rate + 2%. Lenders use this to ensure you can still afford payments if rates rise.
Fill in your details and click Calculate to see your maximum qualifying amount.
💡 Qualify for more? Alternative lenders may offer higher qualifying amounts based on your full financial picture.* Contact Leo for details →
*Results are estimates only and do not constitute a commitment to lend. Rates and qualifying criteria vary by lender. Leo Falkovsky, FSRA Licensed Mortgage Broker #M09000003 · 8Twelve Mortgage FSRA #13230.
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These calculators give you the picture. I give you the plan. Book a free consultation and I'll build a precise, personalized mortgage strategy for your exact situation.