Alberta Mortgage Calculator

Step 1 · Estimate your payment

Mortgage Payment Calculator

Drag the sliders, see your full monthly housing cost update live, then send those exact numbers for a professional review — without leaving this page.

Review My Payment

Estimates only · Not an approval · Alberta-focused

How to use this calculator

  1. Enter the purchase price and your down payment — watch the minimum down hint if you are under 20%.
  2. Set a planning rate you can adjust; final rates depend on lender approval.
  3. Add annual property tax, condo fees, and heating for total housing cost, not P&I alone.
  4. If your down payment is under 20%, amortization is capped at 25 years for insured mortgages.
  5. When your numbers look right, scroll to send them for a professional review.

Your live estimate

Mortgage Payment Calculator

Estimate your full monthly housing cost — mortgage payment, CMHC insurance, property tax, condo fees, and heating — using true Canadian semi-annual compounding.

Your live estimate

Estimated total monthly housing cost

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Mortgage payment of —/mo

Mortgage before insurance
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CMHC insurance premium
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Total mortgage financed
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Mortgage payment (est.)
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Property tax (monthly)
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Condo fees + heating
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Planning estimate using semi-annual compounding — not an approval.

Adjust your numbers

Drag sliders or type amounts — your estimate above updates instantly.

 

10.0% down
5.49%

Use your quoted rate or a planning estimate.

25 years

Insured mortgage eligibility

This site is for education and planning only. Calculator results are estimates only and are not mortgage approvals, financial advice, or lender commitments. Always get professional advice before making financial decisions. Rates, payments, cashback, eligibility, qualification, and lender options are subject to lender approval, insurer rules, borrower qualification, property details, and applicable terms and conditions. Alberta Mortgage Calculator accepts no liability for decisions made from calculator estimates or general site content.

Review this payment with a local lender

Your price, down payment, rate, amortization, and housing-cost estimate are attached automatically so a local lender can sanity-check the monthly number.

How this works

  1. You adjusted the calculator above
  2. Your inputs and estimate are attached to this form automatically
  3. You add your contact info and a local lender reviews the scenario

Adjust the calculator above — then review these numbers with a local lender.

This site is for education and planning only. Calculator results are estimates only and are not mortgage approvals, financial advice, or lender commitments. Always get professional advice before making financial decisions. Rates, payments, cashback, eligibility, qualification, and lender options are subject to lender approval, insurer rules, borrower qualification, property details, and applicable terms and conditions. Alberta Mortgage Calculator accepts no liability for decisions made from calculator estimates or general site content.

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Mortgage professional review

Send your scenario and a mortgage professional can review your numbers with you.

Estimates, not approvals

Calculators help you plan. Final rates and qualification depend on lender approval.

Fast follow-up

Send your scenario and a mortgage professional reviews your numbers promptly.

This site is for education and planning only. Calculator results are estimates only and are not mortgage approvals, financial advice, or lender commitments. Always get professional advice before making financial decisions. Rates, payments, cashback, eligibility, qualification, and lender options are subject to lender approval, insurer rules, borrower qualification, property details, and applicable terms and conditions. Alberta Mortgage Calculator accepts no liability for decisions made from calculator estimates or general site content.

Review My Numbers