Calculators
We have put together many calculators and tools to help you make sense of the numbers. They are all easy and fun to use.
- Mortgage Penalty Calculator
Estimate the penalty cost for paying off your mortgage before the maturity date. This is the cost the bank will charge for breaking the mortgage early.
- Mortgage Analyzer Calculator
Calculate your mortgage payment. Create an amortization schedule. Discover what you will owe in 5 years.
- Maximum Mortgage Calculator
Calculate the maximum mortgage amount you qualify for based on your income. A great tool for buyers!
- Payment Analyzer Calculator
Calculate your mortgage payment for several payment frequencies (weekly, bi-weekly, semi-monthly and monthly). Discover how many years you will shorten your amortization.
- Prepayment Analyzer
Calculate your mortgage payment. Discover how many years you will shorten your amortization and how much interest savings you will realize by making a prepayment (lump sum) on your mortgage.
- Rent or Buy?
Compare the financial advantage of renting and buying based on your current monthly rent, funds towards your down payment and your desired monthly payment if you purchased a home.
- Mortgage Isolator
Isolate a variable in the determinants of a mortgage payment
Flash Calculators
Genworth Canada have developed a range of tools and other resources to help you make informed decisions about buying a home, obtaining a mortgage, and managing a mortgage. Their calculators will help you find out when you are ready to buy a home, what you can afford to buy, and the best way for you to pay down your mortgage.
All you have to do is enter some basic information, and the charts and graphs will let you see your customized situation.
- Mortgage Comparison Calculator
Some lender are offering what seem to be very attractive uninsured mortgage options, but these offers may actually end up costing you more over time. Use our comparison calculator to find out.
- What Can I Afford?
This tool will help you estimate the mortgage amount you may receive from your bank or another lender.
- Mortgage Planning?
The Mortgage Planning calculator helps you calculate several different aspects of your mortgage.
- Rent or Buy?
Buying or renting - which is best for you? This calculator helps you make the right choice for your financial lifestyle.
- Refinancing?
Deciding whether to refinance your mortgage? Use our tool to help make your decision easier.
