Compare & Save Calculator

Understanding your mortgage costs is the first step toward confident homeownership. This calculator uses Ontario-specific rules and current market assumptions to help you plan - then talk to Bobby for a strategy tailored to your situation.

Mortgage Balance ($)

Remaining Amortization (years)

Term Length (years)1235

Stay - Lender Renewal Rate (%)

Switch - New Lender Rate (%)

Switching Costs ($)

New lender covers legal / discharge fees

Compare Stay vs Switch

Straight switches at renewal may be exempt from the federal stress test. Switch costs are estimates. OAC.

Why Use This Calculator?

Ontario mortgages involve provincial land transfer tax, CMHC insurance thresholds, and stress-test qualifying rates. Our tools are built for local rules - not generic US calculators.

Next Steps

Calculators show possibilities. A finance consultation turns numbers into a strategy - especially for self-employed, private, and alternative lending scenarios.