Welcome to Mortgage Brokers Canada

Enter each one of the debts that you would like to pay off, along with their corresponding principal balances, interest rates, and monthly payment amounts. Once you have all your debts entered, make any desired changes to the "New Mortgage Information" default entries and then click on the "Calculate" button.

Credit Type	Balance	Payment	Interest Rate	Annual Fees










Additional Cash?
New Mortgage Information
Enter data about your planned New Mortgage with us (change any of the proposed numbers below).
Proposed interest rate (%):
Mortgage term:
Estimated closing costs ($):

Results			Current	New Mortgage
Total debts:
Effective rate:
Total monthly payment:
Monthly savings:
Annual savings:
Five year savings:
Ultimate Savings Report
What if you were to pay the same OLD payments instead of your NEW LOWER PAYMENTS... (which is your choice every month)... your monthly SAVINGS will reduce the mortgage principal each month, SHORTENING the mortgage itself... without ANY more costs than you used to pay.
Total years SAVED if same OLD payments are made on NEW mortgage:
Total years until "FREE & CLEAR" if savings are paid to principal:
TOTAL INTEREST SAVED over life of mortgage if savings are applied to principal:

Debt Consolidation Calculator