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MERIX mortgage calculator

Crunch the numbers. Know what to expect.
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No matter where you are in your homeowner journey, our mortgage calculator is a simple tool that will help you make sense of your mortgage.
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Mortgage details

Total Mortgage Amount
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Ways to use the MERIX Mortgage Calculator

Prepare for
your purchase

Whether it’s your first home or your next home, figure out what payments fit with your budget and how much you’ll need to save.
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Pay off your mortgage faster

See how utilizing lump sum payments or changing your payment frequency could help you achieve your mortgage-free goals faster.

Plan for a rate change

Plan ahead in case of a potential prime rate change so you can see how a new rate might impact your adjustable mortgage payment.
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Compare scenarios

Choosing between a fixed or adjustable rate? Calculate the differences and see what the outcome on your payments would be.
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