Équipe Premium Multi-Prêts — Mortgage brokerage in Montréal
Tool — mortgage calculator
See the payment before you sign
Term coming due? Run the payment in three fields, then let's talk about the conditions that weigh as much as the rate.
$ — / month
Principal Interest
Illustrative split. Your real figures appear as soon as you fill in the calculator.
Three fields, one honest estimate
Enter the balance, the rate you expect and the amortization left. You get a ballpark payment before you sit down to discuss your renewal.
- 01 An estimate, not a loan offer.
- 02 Municipal and school taxes, insurance and condo fees are not included.
- 03 Confirm your terms with your mortgage broker before making a decision.
What the number leaves out
A monthly payment is a starting point. The rest of the offer decides what your renewal really costs.
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01
Remaining amortization matters more than the posted rate
Two offers at the same rate won’t give the same payment when the amortization differs. We compare the full structure, not just the headline figure.
Comparing two offers -
02
Prepayment privileges and exit penalties
Paying down faster, porting the loan, leaving before the term ends: these clauses change what an offer is really worth, and no simulation shows them.
Planning for renewal costs -
03
A renewal is prepared months ahead
The closer the maturity date, the fewer the options. A few months of lead time leaves room to shop more than 20 lenders and decide without pressure.
When to call a broker
The two other tools in your file
The monthly payment is only part of the math. Open the tab that applies to you.
Land transfer duties
Estimate what your municipality will bill after the purchase. Plan for it in cash, on top of your down payment.
What is posted today
A starting point for comparison. The rate you get depends on your file, the term you pick and the lender.
Back to the monthly payment
Change the amount, the rate and the amortization, then note the gap with your current payment. That is the number we discuss in person.
Welcome tax is payable after signing at the notary, not when the offer is accepted.
Posted rates are indicative and must be confirmed with the lender before any decision.
Questions we hear often
Your situation falls outside the usual? Write to us and a broker on the team will answer.
equipepremium@estatefunnel.com
01 What exactly is a mortgage pre-approval?
A pre-approval is a preliminary review of your borrowing capacity. It gives you a maximum amount you can borrow and a rate held for a set period, usually 90 to 120 days.
02 What is the difference between a fixed and a variable rate?
A fixed rate stays the same for the whole term, which keeps your payments steady. A variable rate moves with the Bank of Canada policy rate: it can cost less, with more risk attached.
03 How much do I need for a down payment?
In Canada, the minimum down payment is 5% on homes under $500,000, 10% on the portion between $500,000 and $1M, and 20% above $1M. I can help you look at your options.
04 Does the calculator replace a real analysis?
No. It gives you a ballpark payment, nothing more. Your borrowing capacity, your debt ratios, the remaining amortization and the lender's conditions are confirmed in a meeting, with your file on the table. That's where the work starts.
Your renewal, worked out with you
Term coming due? We compare your options across more than 20 lenders and put real numbers on the gap before you sign.
One meeting is enough: we look at your ratios, your prepayment privileges and your conditions, not just the posted rate. Our services are free*.
* Residential mortgages.
Online request
Tell us where you stand
A few details about your current loan and when your term comes due. A team member gets back to you with the next steps.
Purchase, refinancing, lender transfer: the rest of the file too. See the services