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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.
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.
Home Value Estimator
Neighbourhood Explorer
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.
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.
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”.
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.
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.
