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Canadian Financial CalculatorsMortgage payments & life insurance needs

Use our free calculators to estimate your life insurance needs and mortgage payments — giving you clarity to make informed financial decisions with confidence.

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Plan Your Financial Future

These calculators provide estimates to help you understand your coverage needs and mortgage obligations. For personalised advice, speak with one of our licensed advisors.

Life Insurance Coverage Calculator

Estimate the amount of life insurance coverage your family would need to maintain their standard of living. Fill in all applicable fields below.

Financial Needs
Funeral, estate, and end-of-life costs
$
Outstanding mortgage on your home
$
Credit cards, loans, lines of credit
$
Buffer for unexpected expenses
$
Post-secondary education savings target
$
Gross annual income to be replaced
$
Number of years income replacement needed
yrs
Existing Assets & Coverage
RRSPs, TFSAs, bank accounts
$
Group benefits or personal policies
$
Real estate equity, business value, etc.
$

Recommended Coverage Amount

$0

This is an estimate based on the information provided. A negative result means your existing assets may already cover your family's needs. We recommend speaking with a Broadmoor licensed insurance advisor to review your complete financial picture and tailor a plan to your goals.

Mortgage Payment Calculator

Calculate your estimated monthly payment, total cost, and interest paid over the life of your mortgage using Canadian semi-annual compounding.

Assumes a fixed rate compounded semi-annually (the Canadian standard) and monthly payments. Excludes mortgage default insurance premiums, property tax and fees. Estimates only — not a quote or approval.

Purchase price of the property
$
Percentage of home price
%
Amortization period
yrs
Annual interest rate
%
Monthly Payment
$0
Principal + Interest
Total Mortgage Cost
$0
All payments combined
Total Interest Paid
$0
Year Annual Payment Principal Paid Interest Paid Balance Remaining

Licensed Insurance Advisors

Insurance recommendations come only from advisors licensed with the Alberta Insurance Council, after a full review of your needs.

Mortgage Brokerage Services

Mortgage options from multiple lenders through a RECA-licensed brokerage partner, coordinated with your tax plan.

Free Initial Consultation

No obligations. Book a complimentary session with our advisors to discuss your coverage gaps, mortgage options, and financial plan.

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