How much can you afford?
Rate Hub's mortgage calculator (below) is one of the best available.
You can compare different payment schedules, amortization periods, payment frequencies, and down payment options. (Note you can fill in the down payment dollar amount or the percent)
Click on the Pre-Approval buttons to get a rate hold or to schedule a visit with a mortgage broker.
Transfer taxes are automatically calculated.
The "Cash Needed" drop down calculates your closing costs.
The "Monthly Expenses" drop down allows you to enter your monthly expenses to see if you can afford the payments.
The "Interest Rate Risk" drop down shows you what happens to your payments if the interest rates go up.
The "Amortization Schedule" drop down show you how much money goes to your principle and how much goes to interest on a yearly basis.