Condo Mortgage Calculator
GTA Mortgage Centre
The condo mortgage calculator can be used to figure out monthly payments of a condo mortgage loan, based on the condo's sale price, the term of loan desired, buyer's down payment percentage, and the loan's interest rate. It factors in Private Mortgage Insurance for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes and HOA/condo fees, and their effect on the total monthly mortgage payment.