Royal Lepage also has an online Mortgage Comparison feature, which helps you to compare a change in interest rate, amortization, payment frequency, increase of payment, term etc. What you will be able to determine is your total savings in interest during term of mortgage and over the entire amortization period. This calculator was voted the best on-line mortgage tool by Money Sense magazine.

Royal Lepage also offers a Mortgage Affordability Estimator which you can use to determine how much you can comfortably afford for your home, or the family income you require to qualify for a mortgage.