Calculators
Run the numbers in seconds. Estimates only — confirm details with your lender and lawyer.
Mortgage payment calculator
Estimate your monthly payment with Canadian semi-annual compounding.
Minimum down payment for this price: $22,500 (5%)
Lenders qualify you at the stress-test rate — the greater of your rate + 2% or 5.25% — currently 6.50%.
Estimated monthly payment
$1,993/mo
Minimum down payment (this price)
CMHC insurance
Not required
Not required — you're putting 20% or more down.
Where your payments go
Your debt shrinking, your equity growing, and the interest you'll have paid — across the whole loan.
Total interest
$237,751
Total paid
$597,751
Pay it off faster
Add an extra payment and watch the chart above — see the years and interest you'd save.
Extra payments go straight against the principal. Most Canadian mortgages cap prepayments — often a 15–20% lump sum a year plus a payment increase — so check what your mortgage actually allows before counting on it.
Curious what your home is worth? Get a free evaluation.
Get my home valueEstimate only — for planning purposes. Verify details with your lender, lawyer, and Teranet Manitoba.
Affordability calculator
Estimate the maximum purchase price you may qualify for, using standard GDS/TDS ratios.
The monthly payments a lender counts toward your debt ratio. Fill in what applies — the total updates automatically.
Not counted: rent, utilities, phone, internet, groceries, insurance, or childcare/daycare — those are living costs, not debts lenders include.
A guide only — your lender's qualification, the stress test, taxes, and heating costs will affect the final number.
Your maximum is qualified at the stress-test rate (the greater of your rate + 2% or 5.25%), as lenders require.
Estimated maximum purchase price
$410,744
Curious what your home is worth? Get a free evaluation.
Get my home valueEstimate only — for planning purposes. Verify details with your lender, lawyer, and Teranet Manitoba.
Manitoba Land Transfer Tax calculator
Manitoba uses marginal brackets. Winnipeg has no municipal land transfer tax, and there is no first-time-buyer rebate.
| $0 – $30,000 | 0% | $0 |
| $30,000 – $90,000 | 0.5% | $300 |
| $90,000 – $150,000 | 1% | $600 |
| $150,000 – $200,000 | 1.5% | $750 |
| $200,000+ | 2% | $4,000 |
Estimate only — verify current rates with Teranet Manitoba / your lawyer.
Estimated land transfer tax
$5,650
Curious what your home is worth? Get a free evaluation.
Get my home valueEstimate only — for planning purposes. Verify details with your lender, lawyer, and Teranet Manitoba.
Closing-cost estimator
A rough budget for the cash you'll need to close, on top of your down payment.
Title insurance is a one-time premium that covers both you and your lender — from about $750. The exact amount is transaction- and price-dependent and is confirmed by your lawyer.
Ranges are typical for Manitoba — your lawyer will give exact figures.
Total cash to close
$88,937
Breakdown
Curious what your home is worth? Get a free evaluation.
Get my home valueEstimate only — for planning purposes. Verify details with your lender, lawyer, and Teranet Manitoba.
Want a second set of eyes on the numbers?
These are estimates to get you started. Pavel can connect you with a trusted Winnipeg lender and walk through your real costs — no pressure, no obligation.