Mortgage Information

Calculators

Mortgage Calculator*
This calculator computes U.S. and Canadian monthly mortgage payments based on principal, interest and term. U.S. mortgages are compounded monthly while Canadian mortgages are compounded semi-annually. Simply enter all the numbers above the Calculate Buttons, then choose either the Canadian or American Calculation and push the appropriate button.

Pre-qualification Calculator*
Fill in all fields above the "Submit" button and then click on that button when you have finished.

Tips:

Enter only numerical data and decimal points. Do not use dollar signs, percent signs, commas or other non-numerical symbols. For example, "ten thousand" should be entered as 10000 or 10000.00 but not 10,000 or 10,000.00 or $10,000. Enter monthly amounts for all income and expense items. For example, if your gross annual salary is $48,000, enter your "Salary/Wages" as 4000. Enter the loan term in years. Enter the interest rate as the following examples show: 8, not .08 or 8%; 7.5, not .075 or 7.5%.

*These calculators are provided for your convenience. It is to be used as a guideline only. Always rely on your mortgage loan officer for exact mortgage calculations and qualification information.