Cash-Out Refinance Calculator
Your home is worth more than you think.
A cash-out refinance unlocks equity you've already built — for renovations, investments, or debt consolidation.
Get A Free Mortgage QuoteEquity Stack
$900K home · $350K remaining mortgage
$370K
available
$350K mortgage
remaining balance
20% min. equity
$180K locked
Cash available
$370K
$370K
cash out
Access up to $370K in equity — without selling your home.
How much can you access?
Enter your home's current value and remaining mortgage balance to see your available equity.
$370,000
Max cash out
61.1%
Current equity %
$720,000
New mortgage amount
Current payment
$2,086/mo
New payment
$3,842/mo
Cash-out refinance increases your monthly payment by $1,756. The $370,000 in cash-out equity is yours to use immediately.
Max cash-out is calculated at 80% LTV (loan-to-value) — the standard Canadian lender limit. You must retain at least 20% equity after refinancing.
Unlock the equity in your home.
Our advisors will find you the best cash-out refinance rate and walk you through every step.
See Today's Mortgage RatesMore mortgage
calculators.
The full math of a Canadian mortgage, calculated honestly.
Make your dreams come home!
Book a free consultation to see how we make homeownership affordable and easy for you.
Unlock your equity.