Mortgage Refinance Calculator

Maximum mortgage refinance value

  • What is the current value of your home? $
  • What is the remaining balance on your mortgage? $
  • Why do you want to refinance?

    Determining available equity

    • (
    • $0

      current home value
    • x
    • 80%

      maximum loan to value ratio
    • )
    • -
    • $5,242,542

      current mortgage
    • =
    • ($5,200,580)

      available equity
  • How much equity (cash) do you want to access?

    Your new mortgage amount

    • $-

      current mortgage
    • +
    • $-0

      additional equity
    • =
    • ($-)

      new mortgage

Select your new mortgage rate

  • We'll help you find the best rates

    We're a search engine for Canada's best mortgage rates. Let us
    help in getting you the best rates for your new mortgage.

  • Enter a rate $

What is the amortization period?

Select your payment frequency

Estimate your mortgage break penalty

  • When did your current mortgage start?

  • What is your remaining mortgage balance?

    $
  • What is your current mortgage payment?

    $
  • How often do you make mortgage payments?

  • Who is your current mortgage provider?

  • What was the original term of your mortgage?

  • What type of rate is it?

  • What is your existing mortgage rate?

    %
  • Which province are you located in?

  • What rate discount did you receive on your
    existing mortgage?

    %

Will refinancing help you?


We can not answer. You are missing inputs.


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