Condo mortgage calculator
Mortgage & Ownership Cost Calculator
Minimum required: 6.2% ($40,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$520,000.00
Periodic payment — Principal & Interest (monthly)$3,354.86
Additional monthly expenses (strata, tax, utilities, etc.)$400.00
Total monthly cost$3,754.86
Interest paid over 5-yr term$149,033.49
Balance at end of term$467,741.68
Rates based on Bank of Canada benchmark data. Last updated: 2026-09-23 00:00:00+00.
Price and strata fee default to illustrative figures. Open any condo and use its monthly cost panel for a price-specific estimate.