Money decisions, worked out
Understand what you can afford
Calculators for the decisions people actually face: what a mortgage costs, what a house you can carry, whether renting beats buying, and how long a debt takes to clear. Every assumption is shown and every one of them is yours to change.
Start here
Can I afford this?
Puts a purchase against the rest of your month: what comes in after deductions, what the purchase costs to carry, what is left, and whether that leaves room to absorb a surprise.
The rest of them
- What would my mortgage payment be?A Canadian mortgage payment on the semi-annual compounding the law requires, with default insurance where it applies, the interest over the full amortization, and the balance year by year.
- How much house can I afford?The highest price that still passes the debt service ratios a lender applies, tested at the qualifying rate rather than the rate you were quoted. Every threshold is editable and explained.
- Is renting or buying better for me?Both households start with the same cash and whichever has the lower monthly outlay invests the difference. Shows net worth either way, the break-even year, and every assumption behind it.
- How long will it take to clear this debt?Time to payoff, total interest, and what paying more than the minimum takes off both.
- What will my savings grow to?A starting balance and a regular contribution compounded forward, separating what you put in from what the return added, year by year.
- What would my car payment be?Sales tax on the right base for your province, the trade-in applied where the province allows it, and the payment, interest and total cost that follow.
What these are, and what they are not
Every figure here is an estimate built from rules that were published somewhere and from assumptions you supply. Where a number comes from a government, it is transcribed from that government's own page and the date somebody checked it is on the page. Where a number is a convention rather than a rule, it says so and you can change it. Where something could not be verified, it is left out and the gap is named.
None of this is financial advice and none of it is a lending decision. A lender underwrites a person rather than a ratio, and a pre-approval is the only number that carries weight. What these calculators can do is tell you roughly where you stand before you talk to anyone, and show their working so you can decide whether to believe them. The methodology sets out how each one works, and sources lists every authority behind the figures.
Nothing you type leaves your browser
These calculators run entirely on your device. Your income, your balances and your savings are never sent anywhere, never stored, and never written into a link. There are no accounts, and there is nothing to sign up for.
Two sister sites
These calculators answer what your income supports. Two related sites answer the questions on either side of that one.