MORTGAGE CALCULATOR FOR BUYING A HOME IN CALGARY
Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
LATEST CALGARY AREA LISTINGS
- 1/50 50
4 Beds 3 Baths 1,157 SqFt$880,000New - 1/16 16
3 Beds 3 Baths 1,229 SqFt$499,900New - 1/20 20
2 Beds 2 Baths 1,567 SqFt$499,000New - 1/32 32
2 Beds 1 Bath 922 SqFt$297,500New - 1/48 48
3 Beds 2 Baths 1,404 SqFt$564,900New - 1/34 34
6 Beds 4 Baths 1,787 SqFt$698,000New - 1/50 50
3 Beds 3 Baths 2,088 SqFt$599,900New - 1/26 26
4 Beds 4 Baths 1,731 SqFt$769,900New - 1/47 47
5 Beds 3 Baths 1,840 SqFt$919,000New - 1/37 37
3 Beds 2 Baths 1,001 SqFt$635,000New - 1/35 35
3 Beds 3 Baths 1,516 SqFt$524,900New - 1/47 47
4 Beds 3 Baths 2,672 SqFt$1,169,000New - 1/50 50
4 Beds 3 Baths 1,501 SqFt$625,000New - 1/26 26
3 Beds 2 Baths 1,056 SqFt$599,900New - 1/37 37
2 Beds 1 Bath 578 SqFt$434,900New - 1/11 11
1 Bed 1 Bath 496 SqFt$369,900New - 1/38 38
3 Beds 2 Baths 1,370 SqFt$475,000New - 1/49 49
4 Beds 4 Baths 2,435 SqFt$899,900New - 1/41 41
6 Beds 3 Baths 1,387 SqFt$675,000New - 1/47 47
6 Beds 5 Baths 3,064 SqFt$929,900New - 1/20 20
2 Beds 1 Bath 971 SqFt$274,900New - 1/35 35
2 Beds 3 Baths 1,338 SqFt$874,999New - 1/33 33
2 Beds 3 Baths 1,579 SqFt$365,000New - 1/50 50
4 Beds 3 Baths 1,109 SqFt$600,000New - 1/48 48
2 Beds 2 Baths 908 SqFt$449,900New - 1/33 33
2 Beds 2 Baths 936 SqFt$460,000New - 1/36 36
3 Beds 3 Baths 1,422 SqFt$479,900New - 1/47 47
2 Beds 1 Bath 839 SqFt$289,000New - 1/26 26
1 Bed 1 Bath 842 SqFt$464,900New - 1/17 17
3 Beds 3 Baths 1,450 SqFt$520,000New - 1/39 39
4 Beds 3 Baths 1,389 SqFt$575,000New - 1/39 39
2 Beds 1 Bath 478 SqFt$229,900New - 1/46 46
1,946 SqFt$1,399,000New - 1/50 50
3 Beds 4 Baths 2,400 SqFt$819,900New - 1/26 26
3 Beds 2 Baths 997 SqFt$425,000New - 1/43 43
4 Beds 4 Baths 2,594 SqFt$1,179,900New - 1/46 46
4 Beds 3 Baths 2,539 SqFt$2,350,000New - 1/27 27
1 Bed 1 Bath 633 SqFt$320,000New - 1/39 39
3 Beds 3 Baths 1,377 SqFt$465,000New - 1/32 32
3 Beds 2 Baths 1,190 SqFt$449,900New - 1/21 21
4 Beds 3 Baths 1,540 SqFt$899,000New - 1/39 39
4 Beds 4 Baths 1,802 SqFt$624,999New - 1/43 43
3 Beds 3 Baths 1,167 SqFt$609,000New - 1/31 31
3 Beds 3 Baths 1,815 SqFt$565,000New - 1/41 41
3 Beds 2 Baths 1,537 SqFt$2,095,000New - 1/34 34
3 Beds 3 Baths 1,126 SqFt$624,950New - 1/50 50
4 Beds 4 Baths 3,322 SqFt$1,850,000New - 1/40 40
4 Beds 2 Baths 870 SqFt$699,000New - 1/37 37
3 Beds 3 Baths 1,139 SqFt$429,000New - 1/49 49
3 Beds 3 Baths 1,436 SqFt$519,900New
Mortgage Help
Down Payment
The typical rule of thumb is to pay 20 percent of the home's price as your down payment, although some mortgage loans require as little as 3.5 percent down. Your down payment reduces the total amount of your mortgage loan, so the more money you put down, the lower your payments will be - or the more expensive a house you can buy.
Loan Term
Your loan program can affect your interest rate and monthly payments. Choose from 30-year fixed, 15-year fixed, and more in the calculator.
Loan Type
There are several types of mortgage loans, but the most commonly used are fixed-rate and adjustable-rate loans. Fixed-rate loans have the same interest rate for the entire duration of the loan. That means your monthly payment will be the same, even for long-term loans, such as 30-year fixed-rate mortgages. Two benefits to this loan type are stability, and being able to calculate your total interest up front. Adjustable-rate mortgages (ARMs) have interest rates that can change over time. Typically they start out at a lower interest rate than a fixed-rate loan, and hold that rate for a set number of years, before changing interest rates from year to year. For example, if you have a 5/1 ARM, you will have the same interest rate for the first 5 years, and then your interest rate will change from year to year. The main benefit of an adjustable-rate loan is starting off with a lower interest rate.
Interest Rate
This field is pre-filled with the current average mortgage rate. Your actual rate will vary based on factors like credit score and down payment.
Property Tax Rate
The mortgage payment calculator includes estimated property taxes based on the home's value. You can edit this in the advanced options.
Home Insurance
Home insurance or homeowners insurance is typically required by lenders, depending on the loan program. You can edit this number in the mortgage calculator advanced options.
HOA Fees
A homeowners association fee (HOA fee) is an amount of money that must be paid monthly by owners of certain types of residential properties, and HOAs collect these fees to assist with maintaining and improving properties in the association.