Calculators
Maximum Mortgage
Calculate an approximate amount of the maximum mortgage you can reasonably afford. The amount and payment that are calculated are accurate estimates, but let Invis 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 that 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.
Interest Only Maximum Mortgage
Calculate an approximate amount of the maximum mortgage you can reasonably afford. The amount and payment that are calculated are accurate estimates, but let Invis 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 that this calculator provides you with estimates specifically for “Interest Only” mortgages. Please select for “Amortization in Years” 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.
Mortgage Comparison
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.
Interest Only Mortgage Comparison
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 that 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.
