Quebec Mortgage Calculator 2026

Free Quebec mortgage calculator for 2026. Calculates true monthly payments including Quebec property tax (avg 0.01%), home insurance, and CMHC insurance using Canadian semi-annual compounding.

Quebec Average Property Tax Rate0.90%Annual % of assessed home value
Quebec Average Home Insurance$1,150/yr
2026 5-Year Fixed Mortgage Rate (Avg, Canada)4.84%
CMHC Insurance Required WhenDown payment < 20%
Canada Mortgage CompoundingSemi-Annual (Interest Act mandated)

Quebec 2026 Real Estate Cost Reference Table

CategoryQuebec Average
Quebec Average Property Tax Rate0.90%
Quebec Average Home Insurance$1,150/yr
2026 5-Year Fixed Mortgage Rate (Avg, Canada)4.84%
CMHC Insurance Required WhenDown payment < 20%
Canada Mortgage CompoundingSemi-Annual (Interest Act mandated)
M
swiftutillity.com
Sponsor
Advertisement (Top Banner Slot)Leaderboard (728x90 or Responsive)
Premium Financial Dashboard

Grand Real Estate & Mortgage Suite

Analyze complex home purchasing, debt reduction schemes, refinance viability thresholds, and rental opportunity cost models using certified regional compounding rules for USA and Canada.

Calculator Parameters

Adjust sliders or numbers to customize calculations

Region:
$
$50k$500k$1.0M$1.5M$2.0M
$90,000
5% Min10%20% (PMI Waiver)50%95% Max
%
Standard amortization in Canada is 25 years. 30-year is only permitted for First-Time Buyers or newly built homes as of 2024.
Accelerated Amortizer
$

Add a principal-only extra payment monthly to simulate interest and time savings live.

Sponsor
Advertisement (Below Results Slot)In-Article (Responsive)

Calculation Breakdown & Analysis

Principal & Interest (P&I)$2,267
Property Tax (Estimated)$337
Home Insurance$96
True Monthly Payment$2,700
Payment Allocation
P&I Ratio84%
P & I ($2267)
Tax ($337)
Insurance ($96)
PMI/Extra ($0)
Active MetricUpdates dynamically with inputs
payment
True Monthly Cost$2,700Includes Principal, Interest, Tax & Insurance
Loan Amount$360,000
Active RegionQC (Quebec)
Sponsor
Advertisement (Sidebar Slot)Skyscraper (300x600 or Responsive)
Sponsor
Advertisement (Below Results Slot)In-Article (Responsive)

Disclaimer: Tools and templates on swiftutillity.com are for informational and educational use only and are not legal, tax, financial, payroll, or mortgage advice. See the full disclaimer.

© 2026 swiftutillity.com. All rights reserved.Privacy PolicyDisclaimer

Frequently Asked Questions — Quebec Mortgage

What is the average property tax rate in Quebec?

The average effective property tax rate in Quebec is approximately 0.90% of the assessed home value annually (2026 estimate).

What is included in the 'True Monthly Payment' calculation?

The True Monthly Payment includes: (1) Principal & Interest — computed using Canada's legally mandated semi-annual compounding, (2) Quebec property tax averaged monthly, (3) Home insurance estimate, and (4) PMI/CMHC mortgage insurance if the down payment is less than 20%.

What is the Canadian mortgage stress test?

The Canadian mortgage stress test (OSFI B-20) requires borrowers to qualify at the higher of their contract rate plus 2%, or 5.25%. This ensures buyers can handle potential rate increases. swiftutillity's affordability calculator applies this automatically.

Is this mortgage calculator accurate for 2026?

Yes. swiftutillity's mortgage suite uses semi-annual compounding as mandated by Canada's Interest Act, plus 2026 property tax averages and insurance cost estimates for Quebec. Results are indicative and should be confirmed with a licensed mortgage professional.