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Nunavut Mortgage Calculator

Mortgage Amount
Interest Rate (Percentage)
Amortization Period (Years)
Term (Years)
Monthly Mortgage Payment
Number of Payments:
Mortgage Payment (Monthly):
Principal Payments:
Interest Payments:
Total Cost:

How to use the Nunavut mortgage calculator

Mortgage rates in Nunavut

The mortgage rates that are charged in Nunavut vary substantially by province and territory. The most current Nunavut mortgage rates are the best ones to use when calculating your expected mortgage payment.

Land transfer tax (LTT) in Nunavut

When purchasing property in Nunavut a substantial cost to consider is the land transfer tax that will be charged to transfer the land from the seller to the buyer. It is recommended to understand how land transfer tax is charged in Nunavut which can be shown on our Nunavut land transfer tax calculator.

Mortgage affordability in Nunavut

With the high cost of home prices in Nunavut, purchasing a home in Nunavut can prove to be difficult. You can use our Nunavut mortgage affordability calculator to see how much home you can afford in Nunavut.

Amortization period

30-year amortization periods are available with a down payment that is less than 20% if you are a first-time homebuyer or purchasing a new build home. For all other cases where the down payment is less than 20% the amortization period is 25-years. If your down payment is more than 20% these maximum periods are set by the lender.

Mortgage payment calculator across provinces