Your mortgage loan1 amount will be:
$98,800 With insurance premium (CMHC/SagenTM *):
$16.09
Your payments will be:
$418.37 per month
Discover our tool to calculate how much your payment will be
What is the cost of the property you would like to buy?
Choose your down payment amount.
Single family dwellings, condos and duplexes:
Triplexes and quadruplexes: Minimum down payment of 10% for owner-occupied properties
For any property with a purchase price equal to or greater than $1,000,000: minimum down payment of 20%
Choose your repayment period.
years
Down payment of 20% or less: Repayment period cannot be longer than 25 years.
Down payment of more than 20%: Repayment period cannot be longer than 30 years.
Enter the interest rate of your mortgage.
%
With insurance premium (CMHC/SagenTM *):
Savings:
Repayment period:
Savings:
Repayment period:
Calculating your monthly payments
Figure out how much you could repay each month based on your budget.
Rent or buy?
Find out if it's more profitable for you to buy or rent.
Accelerated payments
Pay off your mortgage faster with flexible payments or by using your credit card reward points.
Get financing to carry out your project.
Carry out new projects using the amount paid off your mortgage.
Mortgage for the self‑employed
Obtain financing or refinancing tailored to your situation.
TM Sagen is a trademark of Genworth Financial Canada, the mortgage insurance company
*Formerly known as Genworth.
1 The data generated by this calculator is approximate and does not create any legal or contractual obligation for National Bank and its subsidiaries. The granting of financing remains, at all times, subject to the credit approval of the National Bank. Certain conditions apply. The client agrees to have their personal situation in relation to any product described in these pages validated and analyzed with their accountant, tax expert, and a National Bank advisor.
Make a serious offer and protect your interest rate with pre-approval.
Make an appointment with an advisor to discuss your project, no matter how far along you are in the process.