Mortgage payment calculator
Hi there! Here are a few quick questions to calculate your mortgage payments
Are you adding to your mortgage?
Total mortgage amount {{mortgageAmountFormatted}}
Mortgage default insurance {{calcCMHC}}
Market Value {{marketValueFormatted}}
Total interest paid over life
Total interest paid over term{{totalInterestTerm}}
Total interest paid over life{{totalInterestFormatted}}
Assumes your payment schedule and interest rate remain consistent
Synchronize your mortgage with your overall financial plan
Your mortgage is not just about one number; it’s about balancing your cash flow so that you can meet your needs and achieve your goals – through your earning years and into retirement.
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Update nowThe results shown are for illustrative purposes only and do not guarantee future results. This illustration does not create any legal or contractual obligations for IG Wealth Management. Mortgage rates, prepayment charges and conditions are subject to change without notice. For IG Wealth Management’s complete set of mortgage rates, visit www.investorsgroupmortgagerates.com.
NOTE: For the Variable Rate Mortgage product, the interest payable is based on the contract rate linked to Our Prime mortgage rate which is subject to change at any time. The mortgage payment amount will be based on the 36 month fixed posted rate at the time of funding. For clients interested in a variable rate product with a payment amount based on Our Prime Rate (subject to fluctuation), select the Adjustable Rate Adjustable Payment product.
Mortgages are offered by Investors Group Trust Co. Ltd., a federally regulated trust company, and brokered by nesto Inc. Licences: Mortgage Brokerage Ontario #13044, Saskatchewan #316917, New Brunswick #180045101, Nova Scotia #202507230; Mortgage Brokerage Firm Quebec #605058; British Columbia, Alberta, Manitoba, Newfoundland/Labrador, PEI, Yukon, Nunavut, Northwest Territories.
*In Ontario, a mortgage agent, and in New Brunswick and Nova Scotia, a mortgage broker or a mortgage associate.
*In Quebec, a mutual fund representative.
Mortgage advisors are licensed professionals and equivalent to the following titles per province: Sub Mortgage Broker/Mortgage Broker in British Columbia, Mortgage Associate/Mortgage Broker in Alberta, Associate/Mortgage Broker in Saskatchewan, Salesperson/Authorized Official in Manitoba, Mortgage Agent/Mortgage Broker in Ontario, Mortgage Broker in Quebec, Mortgage Associate/Mortgage Broker in New Brunswick, Associate Mortgage Broker/Mortgage Broker in Nova Scotia, or Mortgage Broker in Newfoundland & Labrador.