Refinance Tool
Refinance Cash-Out Calculator
Find out how much equity you can access from your home and what the new monthly payment looks like.
Your Home & Mortgage
$
$
New Mortgage Terms
5.19%
0.50%10.00%
25 years
5 years30 years
80%
65%80%
Conventional refinance max is 80% LTV. Insured refinances can reach 90% but require CMHC insurance.
Available Cash-Out
$440,000
at 80% LTV · you can access this much
Home Value$900,000
Max Loan (80% LTV)$720,000
Current Balance$280,000
Cash Available$440,000
New Monthly Payment
$4,266
was $1,659
LTV After Refinance
80.0%
$180,000 equity left
Payment Increase+$2,607/mo
Start Refinance Application