Financing math
Renovation loan and HELOC payment calculator
If you plan to borrow for part of a renovation, this shows the payment and the total interest so you can see the real cost of the project.
Loan inputs
A simple amortization estimate for planning only. It is not a loan offer, a rate quote, or financial advice, and it excludes fees, insurance, and compounding differences between lenders.
CAD
editable assumption
This calculator is a simple amortization estimate for planning only. It is not a loan offer, a rate quote, or financial advice, and it does not include lender fees, insurance, or differences in compounding. Speak with a qualified financial professional and your lender before borrowing. Consider whether reducing scope, as described in the budget vs. emergency fund guide, is a better fit than financing.