These tools and links provide you with a good sense of how much your monthly payments might be, how much you can save and even how much you can afford.

The calculator payments do not include property tax, or heat and hydro so be prepared for these and other additional costs of home ownership.

Browse both the CMHC and the Genworth Financial websites to get a true understanding on how mortgage default insurance works in Canada. These products and premiums are required when purchasing a home using a high ratio mortgage.