The INVIS Home Purchase Calculator Collection
When purchasing a new home, it’s important to examine all the financial implications on yourself and your family. Our home purchase calculators increase your ability to make informed decisions in all aspects of the mortgage process.
Try our financial calculators
A wide variety of financial calculators are freely available here. Interactive calculations, dynamic graphs and fully customizable reports are just a few of the features that make our calculators stand out.
These calculators are just the beginning
We take the time to get to know your personal goals and work with you to determine the mortgage option and payment schedule that best meets your individual needs.
We will negotiate an extremely competitive interest rate on your behalf
We introduce you to innovative mortgage products from over 50 lenders across Canada.
Make an informed decision
Choose from among 4 Home Purchasing calculators below
Calculate the maximum mortgage you can reasonably afford. The amount and payment calculated are accurate estimates. Let us help you to obtain a specific amount that you can work with and provide counsel on credit qualifications and assistance in getting you the amount that you desire. Please note When calculating the mortgage insurance premium, the “Cash on hand” amount that you enter will take into consideration the amount you have available for a down payment, as well as to cover closing costs, which includes GST on new homes.
With the many mortgage options that are available today it pays to look at different scenarios. While interest rate and size of payment are important, you must also consider your lifestyle, where you are currently in your life, and the amount of risk that you are willing to undertake. Please note This calculator provides you with estimates specifically for “Interest Only” mortgages. Please select for “Mortgage Amortization” from either 5/20 Interest Only or 10/15 Interest Only. If selecting 5/20 Interest Only, you are choosing to pay interest only for the first 5 years, and then pay off your mortgage, interest and principal, over the next 20 years. If selecting 10/15 Interest Only, you are choosing to pay interest only for the first 10 years, and then pay off your mortgage, interest and principal, over the next 15 years. View the report for a summary of the payments to be made over the 25 year amortization.
Determine which is more economical, renting or buying, based on your payments and accomodation information.