Tips & Strategies
To continue living in my home, it needed serious renovations. A mortgage consultant at Capital Direct made me realize that a home equity loan was the way to go. I received good service, helpful and friendly.
Lydia L., Collingwood, Ontario
Should you rent or should you buy your home? It takes more than looking at your mortgage payment to answer this question.

This calculator helps you weed through the fees, taxes, and monthly payments to help you make a good financial decision.

Rent vs Buy Calculator

Glossary

Monthly expenses
This is the total of all of your monthly expenses. This includes your expenses for shelter, family, transportation, vacations, entertainment, loan payments, food, clothing, insurance and other miscellaneous items.

Net monthly pay
Input your income from your paycheque. You can enter your paycheque as well as your spouse's paycheque.

Misc income
Any other income that you receive can be entered here.

Income breakdown
View how your income is divided up between your income sources.

Expenses breakdown
View breakdown of your monthly expenses.

*Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.