Mortgages designed for Life
Mortgage Calculator

Mortgage Calculator

You can enter a loan amount and find out what your estimated monthly payments would be...

House Price
Down Payment
Interest Rate
%
Term Length
years
your payment is:

or enter the amount you want to pay per month and find out what size of mortgage you can afford.

Monthly Budget
Interest Rate
%
Term Length
years
 
 
mortgage amount:

Mortgage Glossary

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

Net Lease

A lease that provides that all expenses attributable to the real estate are paid by the tenant. Local terminology may require some expenses to be paid to the landlord.

Net Operating Income

In the valuation process, the annual income available after operating expenses and real estate taxes to service the debt and provide the owner with a return on their investment.

Net Yield

The interest rate return on a mortgage after deducting the percentage equivalent of mortgage servicing from the coupon rate of the mortgage.

Non-Conforming Use

A property that is being used in contravention of current zoning by-laws but is permitted to remain because it pre-dates the enactment of the zoning by-laws.

Non-Disturbance Agreement

An agreement that permits a tenant under a lease to remain in possession despite any action by a mortgagee.