Calculators

Mortgage Calculators

Click the list at the left to explore our very own calculators designed by our own BC Select Mortgage team to help you evaluate your mortgage options.  Below is a brief description of what each one can help you with:   

Mortgage Calculator -Calculates an amortization schedule for your current mortgage. Quickly see how much interest you will pay, and your principal balances. You can even determine the impact of any principal prepayments on your mortgage.

Mortgage Comparison - Evaluate different mortgage variations on monthly payments, fees and other costs associated with getting a new mortgage. By comparing these important variables side by side, this calculator can help you pick the mortgage details that work best for you.

Making Extra Payments - See how much interest you can save by just adding a little bit to your mortgage payment or by paying lump sums when you can.

Mortgage Qualifier - The first step in buying a house is determining your budget. This calculator steps you through the process of finding out how much you can borrow.  Also see our information on Qualifying for a Mortgage.

For specific information on your situation, please contact one of our Vancouver Island or Lower Mainland Mortgage Advisors.