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Mortgage Calculator

When it comes time to purchase a home, this can be one of the biggest investments you can make. If you are interested in buying a new home, or maybe you are buying a home for the first time, it is important to look at how much a new property will cost you once you factor in the various taxes and monthly expenses. We're offering our FREE mortgage calculator tool, you can use this to calculate your mortgage payments to understand what your total monthly expenses will be. We've made it simple to help you compare your different options with our four scenario fields to customize different variables and find a mortgage rate that fits within the budget you set.

mortgage rates Kingston Leo Ragusa

Calculate Your Mortgage Payments

Simply start with entering the purchase price of the property to begin estimating what the mortgage payment will be. Then you'll need to enter the mortgage rate and the amortization period. Once you've entered that information you're set to begin looking at different scenarios and how your initial down payment will affect your regular payments. In addition to various taxes and fees that come with purchasing a new home, the calculator will also allow you to factor in other monthly expenses like property taxes, utilities, debt repayment and more. Our easy to use mortgage calculator will show you what your average costs will be on a monthly, bi-weekly or accelerated bi-weekly payment structure. Before you begin your search to purchase a new home, it is recommended that you utilize our mortgage calculator tool to understand your current financial situation and assess what you can afford prior to looking at real estate listings. If you are interested in renewing or refinancing your existing mortgage, please enter the outstanding balance into the Renewal or Refinance tab to estimate your new payments. Our mortgage calculator will work for any property, but we specialize in helping people in Kingston calculate their mortgage payments to begin the buying process.

Our Mortgage Calculator

Mortgage Calculator

CMHC Calculator
Land Transfer Tax Calculator

Lower Your Mortgage Payments

If you are interested in finding the lowest possible mortgage rates, there are a few different options to consider. The first being to simply reduce the purchase price. You can also increase your down payment or extend the amortization period. However, if your down payment is less than 20%, the maximum amortization period is 25 years. We encourage you to try out the mortgage calculator and enter different variables to calculate mortgage payments under various circumstances.

Work with Leo to Receive the Best Rate!

Whether you are interested in purchasing your first home or your dream home, Leo Ragusa and the Mortgage Professionals are here to help. Leo will work hard to ensure we find you the lowest possible mortgage rates and that you understand all of the additional expenses that come with purchasing a new home. We have proudly been serving Eastern Ontario for many years and have been declared by many to be one of the leading mortgage professionals in Kingston. If you’re interested in purchasing a new home, make sure to contact us today to get started.

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