Mortgage Refinance Calculator

Refinance & Equity Calculator

Explore your options — lower payments, access equity, or consolidate debt

Current Mortgage
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Your Refinance Results
New Monthly Payment
per month
Monthly Savings
vs current payment
Break-Even Point
months to recover penalty

Could you lower your payments?

Take the 60-second quiz and I’ll find your best refinance options from 50+ lenders.

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Your Home Equity
In Canada, you can refinance up to 80% of your home’s value (LTV). The difference between 80% of your home value and your mortgage balance is your accessible equity.
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Your Equity Breakdown
Current LTV
80% LTV limit
Home Value
80% of Home Value
Current Mortgage Balance
Accessible Equity
Max Cash Out
accessible equity
New Monthly Payment
at 80% LTV
Total Home Equity
current value

Ready to access your equity?

Take the 60-second quiz and I’ll show you your best options from 50+ lenders.

Start Free Quiz →
Debt Consolidation
Rolling high-interest debt into your mortgage can significantly reduce your total monthly payments and interest costs.
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Consolidation Results
New Mortgage Payment
per month (all debt included)
Monthly Savings
vs current payments
Annual Savings
per year
Current Mortgage Payment
Current Debt Payments (est.)
Total Current Payments

Simplify your payments

One payment, one lender, lower rate. Take the quiz to explore your options.

Start Free Quiz →

This calculator provides estimates for informational purposes only. Actual rates, payments, and accessible equity may vary based on lender approval, credit profile, property appraisal, and current market conditions. Maximum refinance LTV of 80% applies to owner-occupied residential properties. Rates are subject to change without notice.