Purchase Calculator
What is the Purchase Calculator?
Our purchase calculator has everything you need to estimate your total monthly cost of a purchase. It includes thing like property taxes, mortgage payments, heat and condo fees and lots of cool features to determine your loan amount, minimum down payment and whether you need mortgage insurance or not.
In fact, the purchase calculator is the first tool that was ever created on CMA. It’s flexibility, ease of use and comprehensiveness contributed to over 20,000 5-star ratings on the app store and google play. Oh yes, it’s also featured by Apple and picked by Google as one of the top five apps for home buyers.

Calculate Your Total Monthly Cost

Enter Purchase Price and calculate down payment, mortgages, taxes, utilities, and more to see your full monthly cost of homeownership.
Minimum Down Payment Rules
Enter Purchase Price and calculate down payment, mortgages, taxes, utilities, and more to see your full monthly cost of homeownership. Learn more here.

Latest Mortgage Insurance Rules

Know precisely when mortgage insurance is required and how much the CMHC premiums will be, including special Sagen (business-for-self) and Flex Down programs. Learn more here.
Generate Summary Reports
Generate premium reports with all the details optimized for mobile and desktop.

More Features
Amortization Table
Quickly view the loan remaining at the end of each year, principal and interest paid in a specific year. Click on any year to dive deeper into the details. Learn more
Extra Payment
Increase payments or add annual lump sum prepayments and learn the difference. Analyze the impact of increased payment per payment frequency. Learn more
Graphs and Visuals
Visualize how loan, interest and principal behave over time. Our premium graphs animate and responds to touch so you know exactly what to expect.
Lender Rates
Choose from a wide variety of lender rates as a basis for you calculations. You can further filter and find a rate that you can apply for when you are ready.
Generate Reports
You can generate beautiful reports and share them via text message or email. The email reports also attach a PDF so that you can later print it for your convenience. Learn more
Compare Side by Side
This feature lets you compare two possible scenarios side by side, and instantly see differences in interest, the principal paid and the time it takes to pay off your mortgage. Learn more
Loans / Save Scenarios
Are you looking at various scenarios and want to keep them saved. In CMA, you can save and unlimited number of scenarios that you can load on any other device you have the app installed.
Property Tax Estimation
Sometimes we won’t know the exact amount of the property tax to use when estimating our total monthly cost. Luckily, we have developed a way for the app to estimate the property tax by location.
Interest Only Payments
With an interest-only loan you would only pay the interest on the loan, not the principal. This results in lower monthly payments for a fixed period. Learn more