Edmonton & Area · Alberta

Mortgage Calculator

See what your payments could look like, including CMHC insurance, faster payoff with accelerated payments, and the cash you'll need on closing day.

Purchase price $

Down payment

$ %

Interest rate %

Payments

Amortization period 15 yrs 20 yrs 25 yrs 30 yrs

The total years to pay off the mortgage.

Property tax & condo fees

Property tax / yr $

Condo fees / mo $

Tax starts as a rough estimate (about 1% of price). Each listing shows its actual annual taxes.

Monthly payment

Mortgage amount
CMHC insurance
Total interest paid
Mortgage-free in

Where your payments go

Principal
Interest
CMHC

Your balance over time

Hover or tap the chart to see any year.

Show year-by-year schedule

Year	Principal paid	Interest paid	Balance

Cash needed to close

Down payment
Land title transfer fee
Mortgage registration fee
Land transfer tax: $0

Estimated total

Good news: Alberta has no land transfer tax and no PST on CMHC premiums. Also budget for legal fees, a home inspection, and adjustments, usually about 1–1.5% of the price. Buying new? GST (5%) may apply, less any rebate.

Ready to make it real?Weina can connect you with trusted mortgage specialists for a pre-approval, then help you find a home that fits this budget.

Talk to Weina Browse homes

For illustration only. This is not a mortgage offer or financial advice. Assumes a fixed rate for the full amortization with semi-annual compounding, as is standard for Canadian fixed-rate mortgages. Minimum down payment and CMHC premiums follow federal rules in effect since December 15, 2024. Alberta Land Titles fees are approximate. Your lender will confirm your actual rate, payment, and qualification.