What is a mortgage in Canada?

A mortgage is a loan used to buy a home in Canada. You make a down payment and repay the rest over time with interest.

How do mortgage payments work?

Mortgage payments include principal and interest. Over time, more of your payment goes toward the principal.

What affects your mortgage payment?

Your payment depends on the mortgage amount, interest rate, and amortization period.

Canadian Real Estate - My Real Estate Calculator

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December 4, 2025 ·

Fun & Random Real Estate Facts Across Canada: Surprising Mortgage Differences From Every Province & Territory

This article kicks off a national fun-facts series designed to help Canadians understand how different the homebuying journey can be depending on where you live. ________________________________________...

November 26, 2025 ·

What Canadians Searched This Week (Nov 18–24)

1. “Interest rate cut January 2026” (+142%) Canadians are preparing early for the next potential Bank of Canada move. Many are trying to forecast new mortgage payments. →Mortgage Payment Calculator...

November 25, 2025 ·

How Self-Employed Canadians Can Qualify for a Mortgage Without Traditional Income

If you’re a self-employed business owner in Canada, getting a mortgage through a traditional bank can feel impossible. You may earn strong revenue, yet your accountant prepares your taxes in a way that...

November 17, 2025 ·

Will Canadian Interest Rates Drop Again in 2025?

As of November 17th, 2025, Canadians are waiting on one final Bank of Canada announcement before the end of the year — and many homeowners are wondering: “Will interest rates drop again, and should I...

November 13, 2025 ·

Cap Rate vs. Cash-on-Cash Return: What’s the Difference?

If you’re thinking about buying an investment property in Canada, you’ve probably heard the terms Cap Rate and Cash-on-Cash Return. They sound similar, but they measure two different things. Understanding...

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October 29, 2025 ·

How Does a Private Mortgage Work in Ontario?

How Do Private Mortgages Work in Ontario? If a big bank has ever said “no” to your mortgage application, don’t worry—you still have options. One of the most flexible and fastest solutions in Ontario...