Renewal shock calculator
Answer four quick questions. See the potential payment change.
Step 1
When does your mortgage renew?
Choose the closest option.
Before you sign a renewal offer
The calculator is a planning estimate. A real renewal decision should compare payment, term, penalties, lender fit, and timing.
Do not only compare rate
Payment, penalty, term risk, prepayment flexibility, and whether you need new funds can matter as much as the headline renewal rate.
Switching can require documents
A different lender may need updated income, property, and credit review. Starting early keeps that from becoming a last-minute scramble.
Cash-flow fixes have trade-offs
Extending amortization can lower payment pressure, but it can also increase total interest. The right answer depends on the full file.
Licensed Ontario guidance
Mackenzie Docksteader works through MortgagePal / Verico Paragon Mortgage Group Network. FSRAO License #: 12685. This tool is educational and does not replace a lender approval or full mortgage review.