SELF-EMPLOYED CALCULATOR

Self-Employed Mortgage Calculator

See how your business income translates into mortgage options. Choose Refinance, HELOC, or Debt Consolidation and get instant results.

Your Business Income

Rent, utilities, salaries, supplies, gas, etc. Your qualifying income: --

Your Property

Your current monthly mortgage payment, not including property tax
Rate based on selected term and type

Your Estimate

You Could Save $0 over your 5-year term
Max Mortgage (80% LTV) $0
Available Equity $0
Current Monthly Payment $0
New Monthly Payment $0
Monthly Savings $0
Annual Savings $0
Speak to a Specialist

These numbers represent a non-binding estimate. Rates and terms subject to approval.

Mortgage Options for Self-Employed Canadians

Being self-employed doesn't mean you can't get a great mortgage. Lenders look at your net business income — your gross revenue minus business expenses — to determine how much you qualify for. Understanding your options can help you make the most of your equity and save money.

Refinancing as a Self-Employed Borrower

Refinancing replaces your existing mortgage with a new one, letting you take advantage of lower rates, extend your amortization to reduce payments, or access equity for business investment or personal needs. Self-employed borrowers can refinance up to 80% of their home's value.

HELOC (Home Equity Line of Credit)

A HELOC gives you a revolving credit line secured by your home equity. It's a flexible option for self-employed individuals who may have variable cash flow — you only pay interest on what you borrow, and you can draw and repay as needed.

Debt Consolidation

If you're carrying high-interest business or personal debt, consolidating it into your mortgage can dramatically reduce your monthly payments. By rolling credit card balances, lines of credit, or business loans into a mortgage at a much lower rate, you simplify your payments and keep more money in your pocket.

Self-employed and need mortgage advice?

Our specialists work with lenders who understand self-employed income. Get expert guidance tailored to your situation — no obligation, no credit check required.

Speak to a Specialist