MORTGAGE CALCULATORS

Plan your home purchase with confidence using our comprehensive mortgage calculators. Whether you're a first-time buyer in London, renewing your mortgage in the GTA, or investing in property across Southwestern Ontario, these tools help you estimate payments, determine affordability, calculate Ontario land transfer tax, and see the impact of prepayments. Get clear answers to your mortgage questions before you commit.

Mortgage Calculator - Safebridge Mortgage Solutions

Calculate Your Monthly Payment

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Your Estimated Payment

Monthly Payment
$2,326
Principal & Interest $2,326
Mortgage Amount $400,000
Total Interest Paid $297,800
Total Amount Paid $697,800
Disclaimer: This calculator provides estimates only. Actual payments may vary based on your specific situation, property taxes, insurance, and other factors. Contact Andrew for personalized advice and accurate rate quotes.

How Much Home Can You Afford?

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You Can Afford

Maximum Home Price
$550,000
Down Payment $100,000
Mortgage Amount $450,000
Monthly Payment (Est.) $2,617
GDS Ratio 31.4%
TDS Ratio 37.4%
Note: This calculator uses standard GDS and TDS ratios. Actual affordability depends on your complete financial picture, credit score, and lender requirements. Book a consultation for a detailed assessment.

Ontario Land Transfer Tax

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Land Transfer Tax

Provincial LTT
$6,475
Total LTT Payable $6,475
Important: First-time buyer rebates have eligibility requirements and caps. Provincial rebate maximum is $4,000 (homes up to $368,000). Toronto municipal rebate maximum is $4,475 (homes up to $400,000). This is an estimate only.

Prepayment Impact Calculator

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Prepayment Impact

Interest Saved
$15,234
Time Saved
1.2 Years
Original Amortization 25 years
New Amortization 23.8 years
Original Total Interest $297,800
New Total Interest $282,566
Note: Most mortgages allow prepayments up to 10-20% of the original principal annually. Check your mortgage terms for specific prepayment privileges and restrictions.

These mortgage calculators provide estimates based on current lending standards in Ontario. Actual mortgage rates, terms, and qualifications vary based on your credit profile, down payment, property type, and lender requirements. For personalized mortgage advice and accurate rate quotes in London, the GTA, or anywhere in Southwestern Ontario, contact Andrew Lampman at Safebridge Mortgage Solutions.

REFINANCING YOUR MORTGAGE

Refinancing lets you access your home's equity to consolidate debt, fund renovations, or secure a better rate. Andrew will help you explore your options and find a solution that fits your financial goals. Book a discovery call to see how equity can work for you.

FREE 15 MIN DISCOVERY CALL