Understanding Closing Costs
In today’s fluctuating economy, Canadian homeowners are increasingly looking at refinancing their mortgages
Buying a home is a big step, and knowing your monthly mortgage payment is key to financial planning. The Simply Approved Mortgages Mortgage Calculator helps you estimate your payments based on loan details, taxes, insurance, and more, so you can confidently plan for homeownership.
Let’s look at the numbers to discover what’s possible.
Explore home prices affordable for you and see what a lender could prequalify you for.
Thinking of selling & buying a house? Estimate your net proceeds—the amount you’ll make after expenses—is essential for planning your next steps.
Find out if refinancing could lower your monthly payment.
Discover the costs and benefits of both to see which could be better for you.
Find out the esimated amount you can be approved for with a reverse mortgage.
Find out the esimated amount you can be approved for with a DSCR mortgage.
A Mortgage Calculator is an easy-to-use tool that estimates your monthly mortgage payments based on:
Disclaimer: Advertised rates and fees depend on borrower qualifications and market fluctuations.
Enter the Home Price
Adjust the Down Payment
Select the Loan Term and Interest Rate
Add Taxes and Insurance
Review Your Results
At Simply Approved Mortgages, we operate with a 1.5% fee, significantly below the industry standard. This ensures more savings for borrowers without compromising service quality.
Disclaimer: Simply Approved Mortgages complies with all state and federal licensing requirements that we are licensed in.
Plan Your Budget
Explore Loan Scenarios
Avoid Surprises
Save Money
For buyers with limited savings, down payment assistance programs can make homeownership possible. Explore options like:
Learn more about these programs in our Down Payment Assistance Guide.
At Simply Approved Mortgages, we offer a wide range of mortgage products tailored to meet your needs:
👉 Explore these options today and find the perfect mortgage solution for your needs!
With our industry-leading 1.5% fee, compared to the standard 2.75%, we save you thousands while offering competitive rates tailored to your needs. Learn More.
Our team of seasoned professionals is dedicated to simplifying the mortgage process, providing personalized solutions, and ensuring you feel confident every step of the way.
We prioritize honesty and clarity. From disclosing every detail upfront to ensuring no hidden surprises, we build trust through our commitment to your financial success.
You can also get help from a Home Loan Expert.
The calculator provides an estimate based on the information you enter. For precise numbers, speak to a mortgage expert.
Our calculator provides a base estimate. For a detailed breakdown, add estimated property taxes and homeowner’s insurance costs.
The calculators provides an estimate based on the inputs you provide. For a detailed analysis, speak with a mortgage expert.
Take control of your home-Take the guesswork out of your home-buying journey. Use our Mortgage Calculator to estimate your monthly payments and make informed financial decisions.
Start Now:
Simply input your details and see how much equity you could access today. If you have questions or need assistance, our team is here to guide you every step of the way.
In today’s fluctuating economy, Canadian homeowners are increasingly looking at refinancing their mortgages
In today’s fluctuating economy, Canadian homeowners are increasingly looking at refinancing their mortgages
In today’s fluctuating economy, Canadian homeowners are increasingly looking at refinancing their mortgages
Unlocking the American Dream, One Home at a Time
NMLS# 2620881 | NMLS Consumer Access Record