Mortgage Calculator
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Alberta Mortgage Calculator
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CMHC allows certain 30-year amortizations for new builds and first-time buyers; refer to CMHC for eligibility.
Periodic payment
Total interest paid
Total of payments
CMHC mortgage loan insurance (premium)
Insured mortgage balance (principal + premium)
Notes:
- CMHC mortgage loan insurance applied for down payments less than 20% of purchase price. Premium bands used: 5%–9.99% = 4.00% (single-family), 10%–14.99% = 3.10%, 15%–19.99% = 2.80% (subject to CMHC published rates). For down payments under 5% or property price > $1,000,000 or other conditions, mortgage insurance will not be available; refer to CMHC. These bands are illustrative—keep values updated from CMHC source.
- First-time homebuyer: this toggle is informational — this calculator does not automatically claim provincial rebates beyond CMHC rules. It includes a basic First-Time Home Buyer Incentive repayment estimator (if selected) but does not submit applications.
- This tool is for illustration only. For official calculations and eligibility, consult CMHC and an approved lender.
This calculator is for information purposes only. Users should not use this calculator to make any financial decisions and should speak with their bank or mortgage broker. The website owner does not guarantee the accuracy or reliability of any information or calculations provided by this calculator. The website owner is not liable for loss or damage of any kind arising from the use of this tool.