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Personal Banking > Mortgages > Mortgage Calculators

Mortgage Calculators

In your search for the right home and mortgage solution, it's good to know how much your mortgage payments will be and what you can afford. Our easy-to-use mortgage calculators will help give you an idea.

 

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You are on: Mortgage Payment Calculator

Learn how much you could save! Our mortgage payment calculator shows you how much your mortgage payments will be based on the amount borrowed, interest rate, mortgage term and payment schedule.

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You are on: How Much Home Can I Afford?

You might be surprised by how much you can borrow. This calculator factors in your total earnings and debts to give you a maximum affordable monthly housing cost, including mortgage payment, property taxes, heating costs and more.

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You are on: Mortgage Payoff Calculator

Want to find out how long it will take to pay off your mortgage? This calculator will help you determine the approximate time it will take. Input your details such as amount borrowed, interest rate, payment amount and frequency to find out.

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You are on: Rent or Buy Calculator

Considering whether you should keep renting? Is now the time to buy? Ever wondered what your rent payment would be as a mortgage amount? Complete the below calculator and find out what your rent payment would equal in terms of a mortgage amount...

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You are on: Mortgage Prepayment Charge Calculator

Thinking about renegotiating your existing mortgage rate to take advantage of lower rates? This calculator will help you determine how much it could cost to break your mortgage and what interest rate you would need to get in order to "break even".

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You are on: Which Type of Mortgage is Right for Me?

Looking for guidance on fixed versus variable rates, open versus closed mortgages, and more? Answer a few questions about your financing goals and preferences and we'll recommend the RBC Royal Bank® mortgage options that match your needs.

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You are on: Credit Selector tool

Are you looking to buy a new home? Maybe an investment property or a vacation home? But don't know which mortgage product would work for you. Our credit selector tool will take your specific needs and provide you with a personalized recommendation and show you how an RBC mortgage product will meet your unique borrowing needs.

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