CanadaMortgageCalc – Updateshttps://canadamortgagecalc.com/updates/2026-11-01T12:00:00Z New: CanadaMortgageCalc.com launches as its own sitehttps://canadamortgagecalc.com/updates/#2026-11-01-02026-11-01T12:00:00ZOur Canadian mortgage calculator moves from richscripts.com to its own home, with 11 calculators, five province pages and a new guides library. Rules checked: All 2026 rules re-checked against official sourceshttps://canadamortgagecalc.com/updates/#2026-11-01-12026-11-01T12:00:00ZCMHC premiums (2.80% / 3.10% / 4.00%, +0.20% for 30 years), OSFI’s 5.25% minimum qualifying rate, CMHC GDS 39% / TDS 44%, Ontario and Toronto land transfer tax and B.C. property transfer tax were verified on the government pages linked on our rules page. New: New: renewal, penalty and prepayment calculatorshttps://canadamortgagecalc.com/updates/#2026-11-01-22026-11-01T12:00:00ZSee your new payment at renewal across a range of rates, estimate an IRD or three-months’-interest penalty, and measure what extra payments save. New: New: cash-to-close and shareable scenarioshttps://canadamortgagecalc.com/updates/#2026-11-01-32026-11-01T12:00:00ZThe main calculator now totals the cash you need at closing and creates a link to any scenario. Links never include income or debts. Guide: Accelerated Biweekly vs Monthly Mortgage Payments in Canadahttps://canadamortgagecalc.com/guides/accelerated-biweekly-vs-monthly/2026-11-01T12:00:00ZHow accelerated biweekly payments work, how they differ from regular biweekly, and how much interest and time they save on a Canadian mortgage. Guide: GDS and TDS Ratios: How Lenders Decide What You Can Affordhttps://canadamortgagecalc.com/guides/gds-tds-ratios/2026-11-01T12:00:00ZWhat gross debt service (GDS) and total debt service (TDS) ratios are, the 39% and 44% CMHC limits, what counts, and a worked example. Guide: How Canadian Mortgage Interest Is Calculated (Semi-Annual Compounding)https://canadamortgagecalc.com/guides/how-canadian-mortgage-interest-is-calculated/2026-11-01T12:00:00ZWhy Canadian fixed-rate mortgages compound semi-annually, how to convert the posted rate to a monthly rate, and why US calculators overstate your payment. Guide: Closing Costs in Canada: What to Budget Beyond the Down Paymenthttps://canadamortgagecalc.com/guides/closing-costs-canada/2026-11-01T12:00:00ZEvery closing cost when buying a home in Canada: land transfer tax, CMHC premium sales tax, legal fees, inspection, title insurance and adjustments, with examples by province. Guide: CMHC Mortgage Insurance Explained (2026 Premiums)https://canadamortgagecalc.com/guides/cmhc-mortgage-insurance-explained/2026-11-01T12:00:00ZWhen you need CMHC insurance, the 2026 premium rates, how the premium is added to your mortgage, provincial sales tax on it, and how to avoid it. Guide: First-Time Home Buyer Programs in Canada (2026 Checklist)https://canadamortgagecalc.com/guides/first-time-home-buyer-canada/2026-11-01T12:00:00ZEvery major first-time buyer benefit in Canada for 2026: FHSA, RRSP Home Buyers' Plan, 30-year amortization, land transfer tax rebates in Ontario, Toronto and B.C., and the home buyers' tax credit. Guide: Minimum Down Payment in Canada (2026 Rules)https://canadamortgagecalc.com/guides/minimum-down-payment-canada/2026-11-01T12:00:00ZThe minimum down payment for any home price in Canada, with examples, the $1.5 million insured cap, and where your down payment can come from. Guide: The Canadian Mortgage Stress Test Explained (2026)https://canadamortgagecalc.com/guides/mortgage-stress-test-explained/2026-11-01T12:00:00ZHow the OSFI stress test works in 2026, how it limits what you can borrow, when it applies at renewal, and practical ways to pass it. Guide: Fixed vs Variable Mortgage in Canada: How to Choosehttps://canadamortgagecalc.com/guides/fixed-vs-variable-mortgage/2026-11-01T12:00:00ZThe real differences between fixed and variable mortgages in Canada: payment certainty, penalties, adjustable vs static payments, and who each suits. Guide: Mortgage Prepayment Penalties in Canada: IRD vs Three Months' Interesthttps://canadamortgagecalc.com/guides/mortgage-prepayment-penalties/2026-11-01T12:00:00ZHow Canadian lenders calculate the penalty for breaking a mortgage, why IRD can be so large on fixed rates, and how to reduce or avoid it. Guide: Mortgage Renewal in Canada: A 2026 Guide to Getting a Better Ratehttps://canadamortgagecalc.com/guides/mortgage-renewal-guide/2026-11-01T12:00:00ZWhat happens when your mortgage term ends, how much your payment may rise, when to start shopping, switching lenders without the stress test, and a renewal checklist. Rule change: Toronto raises municipal land transfer tax on homes over $3 millionhttps://canadamortgagecalc.com/updates/#2026-04-01-42026-04-01T12:00:00ZNew MLTT brackets of 4.40%, 5.45%, 6.50%, 7.55% and 8.60% apply above $3 million. Our Toronto and land transfer tax calculators use the new rates. Rule change: 30-year insured mortgages for first-time buyers; insured cap raised to $1.5Mhttps://canadamortgagecalc.com/updates/#2024-12-15-52024-12-15T12:00:00ZFirst-time buyers and buyers of new builds can take a 30-year amortization with less than 20% down (premium +0.20%), and homes up to $1.5 million can now be bought with under 20% down. Rule change: No stress test for straight switches at renewalhttps://canadamortgagecalc.com/updates/#2024-11-21-62024-11-21T12:00:00ZOSFI stopped requiring uninsured borrowers to re-qualify when they switch lenders at renewal without increasing the loan or amortization. Rule change: B.C. first-time buyer exemption raised to $835,000https://canadamortgagecalc.com/updates/#2024-04-01-72024-04-01T12:00:00ZFull exemption up to $500,000, $8,000 off up to $835,000 and a partial exemption up to $860,000.