You can make informed decisions
with our tools and calculators
Calculate your mortgage payment amount. First step in buying a home is to determine how much you can afford to pay. Maximum home purchase value is based on a number of factors like income, property costs and personal expenses. BAY MORTGAGE calculator estimates the maximum mortgage amount you can qualify for.
Mortgage Default Insurance ( CMHC insurance) is mandatory in Canada for residential properties purchased with down payment of less than 20%. Our calculator estimates the cost of your mortgage insurance premium.
Land transfer tax calculator is sometimes overlooked by the home buyers. Most provinces charge Land Transfer Tax ( LTT), Ontario included. Homebuyers in Toronto will pay an additional municipal tax. Use our calculator to determine your Land Transfer Tax cost.
Mortgage affordability calculator shows you the maximum mortgage that you can qualify for. Based on the household income of the applicants purchasing the property and their personal monthly expenses (car payments, credit expenses...), expenses associated with owning a home (property taxes, condo fees and heating costs) you can calculate the maximum purchase amount.