Mortgage Calculator
Down payment (syncs $ ↔ %)
Minimum down payment rules (Canada):
• $500,000 or less → 5%
• $500,001–$1,499,999 → 5% of first $500k + 10% of remainder
• $1.5M or more → 20%
• $500,000 or less → 5%
• $500,001–$1,499,999 → 5% of first $500k + 10% of remainder
• $1.5M or more → 20%