Should I Rent Or Buy

Enter Your Current Monthly Rental Payments:

$

Current Mortgage Rate (for your selected mtg term):

%

This Monthly Rent Would Repay A Mortgage Of Approximately:

$

Amortization based on typical 25 year repayment. Standard GDSR @ 32%. Standard TDSR @ 40%. Canadian Mortgages are calculated semi-annually. Loan amount to include NHA insurance premium.

Disclaimer: While efforts are dedicated to creating calculators that perform accurately, we do not make any warrantees, expressed or implied, toward such claims. Our calculators are to be considered as interactive entertainment only.© 2001, 2002, 2003 www.CanadaMortgages.ca