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Just a small difference in rates can save you tens of thousands of dollars on your mortgage, so now just imagine what an even bigger difference will do. Take advantage of our very low mortgage rates and apply today.
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Mortgage Amortization Calculator
An amortization is the amount of time scheduled to completely pay off a loan, and the amortization length you choose is important in shaping how much you'll end up paying for your home. While the Government of Canada's national housing agency caps the amortization period for high-ratio mortgages at 25 years, and that is the most popular amortization length in Canada, amortizations can range anywhere from 5 to 30 years for uninsured mortgages. Try our easy to use mortgage calculator to see how changing the amortization length affects your loan payments.
Mortgage Amortization Calculator
 
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For the best rate information in Canada, make use of our up to date interest rate comparison chart. Our brokers are not even remotely afraid of advertising our competitor's rates because we know how we stack up.
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Credit Card Points Calculator

This calculator is designed to help analyze cashback credit cards and reward points programs. The primary assumptions of this calculator are that you do not carry a balance on the credit card, and that you pay off the balance within the card's no-interest grace period.

If you plan to carry a monthly balance, it's generally more effective to choose a low-interest card, transfer the balance to a line of credit, or to consolidate debt by refinancing your mortgage.

What you can do with this credit card rewards calculator

  • View estimated rewards for usage
    For both cashback and points cards, you can view an estimate of effective rewards dollars accumulated on a yearly basis.
  • Calculate how long it'll take to reach a goal
    Given effective annual rewards dollars, you can calculate how long it will take to reach a goal amount of reward dollars or reward points.
  • Compare rewards program merchandise to market value
    If you have a reward points credit card, you can compare the cost in reward points of merchandise to the market value. This enables you to decide if it's better value to choose gift cards over merchandise.
  • Compare multiple credit cards side-by-side
    Do all of the above while comparing the performance of two separate credit cards.

Credit Card Details

Estimated yearly purchases $
Click to add another card
Card type  
Annual fee $

Cash-back percentage   %
Rewards points ratio  Spending gets you points.
Converting rewards points into usable cash
For the fields below, enter the value of a gift card in both dollars and rewards points. (ex. $25 gift card for 3,000 points) We use gift cards for our calculations because they're generally more cost effective and flexible than merchandise. Learn why.
Gift card value $ (ex. $25)
Gift card cost (in points)   (ex. 3,000)
Click to add another card

Card 2

Card type  
Annual fee $

Cash-back percentage   %
Rewards points ratio  Spending gets you points.
Converting rewards points into usable cash
For the fields below, enter the value of a gift card in both dollars and rewards points. (ex. $25 gift card for 3,000 points) We use gift cards for our calculations because they're generally more cost effective and flexible than merchandise. Learn why.
Gift card value $ (ex. $25)
Gift card cost (in points)   (ex. 3,000)
 
Rewards Program Calculations

Credit Card Rewards Calculations

Estimated yearly purchases $2,000.00
Annual fee $0.00
 
Rewards ratio (Reward dollars per dollar spent before fees) 0.00833
 
Reward dollars per $2,000.00 spent before fees $16.67
Yearly reward dollars for $2,000.00 spent, including fees $16.67
Reaching a Goal

Working to Reach a Goal

Enter a goal amount in rewards dollars or points below. We will calculate how long it will take to reach that goal.

Goal amount  
 
Points to Market Value Comparison

Credit Card Points to Market Value Comparison

Use this calculator to compare the prices of points programs' merchandise to market prices of the same items from retail outlets. If you find that the points program price is higher than the market price, you may want to consider spending your points on gift or cash cards instead.

Note: If your points program does not have appealing retail gift cards, you may want to consider obtaining gas cards or converting points to air miles instead. You can use the money saved on flights or your vehicle's fuel to purchase merchandise. Learn more.

Market value of item $
Cost in points   points