Each calculator on this page is designed to answer a specific mortgage question. Together, they give you a complete picture of your mortgage options in Canada.
Understanding your mortgage numbers is one of the most important steps in making confident financial decisions.
Our mortgage calculators are designed to help Canadians estimate payments, affordability, income requirements, closing costs, land transfer tax, and renewal scenarios using Canadian mortgage guidelines and lending rules.
This page gives you access to 9 free mortgage calculators, built and maintained by Citadel Mortgages, a licensed Canadian mortgage brokerage working with banks, credit unions, and private lenders across Canada.
Learn more about today’s best mortgage rates in Canada.
Choose the calculator that matches your goal
Enter your estimated numbers
Review your calculated results
Speak with a licensed mortgage professional to confirm accuracy
All mortgage calculators provide estimates only. Final mortgage approval, rates, and terms depend on lender guidelines, credit profile, and documentation.
While 33% of non-homeowners believe they’ll never own*, our Citadel mortgage brokers are 100% confident they can make it happen. How? With our expert advice and guidance.
(5-years interest savings with Citadel Mortgages)**
(Interest savings with Citadel Mortgages)
(5-years interest savings with Citadel Mortgages)**
(Interest savings with Citadel Mortgages)
Who can use these mortgage calculators for their mortgage journey?
Built specifically for Canadian mortgage rules
Designed by licensed mortgage professionals
Reflects real lender underwriting considerations
Covers purchase, affordability, renewal, and comparison scenarios
Backed by a national Canadian mortgage brokerage
Our goal is to provide clarity and realistic expectations — not misleading estimates.
Mortgage calculators are not just planning tools — they reflect how lenders evaluate mortgage applications in Canada.
Here’s how lenders typically use the numbers generated by mortgage calculators:
Mortgage payments help lenders assess whether a borrower can comfortably manage monthly obligations
Maximum mortgage calculations are based on affordability limits set by Gross Debt Service (GDS) and Total Debt Service (TDS) ratios
Required income calculations help determine whether a borrower meets minimum income thresholds under Canadian lending guidelines
Debt service ratios are used to measure overall financial stability and risk
Renewal calculations help borrowers understand how rate changes may affect future payments
While calculators provide estimates, lenders apply additional factors such as credit history, employment stability, property type, and lender-specific policies before issuing a final approval.
This is why calculator results should always be reviewed with a licensed mortgage professional.
We compare mortgage rates from top lenders, including BMO mortgage rates, CIBC mortgage rates, RBC mortgage rates, TD Bank Mortgage Rates, and MCAP mortgage rates, alongside our exclusive Citadel Smart Home Plan mortgage rates. Let us simplify the process and help you secure approval quickly and stress-free!
Online mortgage calculators are designed to provide estimates — not guaranteed approvals.
While our calculators are built using Canadian mortgage standards, final mortgage terms may differ due to:
Lender-specific underwriting rules
Credit profile and history
Employment and income documentation
Property type and location
Interest rate changes
Stress-test requirements
For the most accurate results, calculator estimates should be reviewed with a licensed Canadian mortgage broker who can assess lender-specific criteria and confirm eligibility.
You should use a mortgage calculator whenever your income, debts, interest rates, or housing goals change.
Some calculators reflect stress-test concepts, but lenders apply stress-test rules during underwriting based on current federal guidelines.
Different lenders apply different assumptions, debt ratios, and rate buffers, which can lead to different results.
Some calculators focus on payments or affordability, while others estimate closing costs and land transfer tax separately.
Yes. The renewal and comparison calculators are designed to help borrowers evaluate changes in payments and structure.
At Citadel Mortgages, we’re committed to helping Canadians achieve their financial goals. Our Mortgage Calculators are just the tools we offer to empower you with actionable insights for a brighter financial future.
Mortgage calculators are best used as a starting point — not a final decision tool.
They help Canadians understand ranges, affordability, and potential outcomes, but the most accurate mortgage strategy comes from combining calculator insights with professional guidance.
Citadel Mortgages helps clients turn calculator estimates into real mortgage solutions by matching them with lender options that align with their financial goals.
At Citadel Mortgages, we specialize in helping Canadians navigate the complexities of mortgage rates and terms. Whether you’re looking for a 6-month fixed rate, a 5-year variable, or something in between, our team is here to provide personalized guidance and access to the best rates in Canada.
See how you can save and become mortgage-free sooner
Calculate how much you’d spend each month to buy a home or renew or refinance your mortgage.
Discover how much cash back you could receive with our Cash Back Mortgage Calculator.