Commercial Mortgage Calculator Canada
Model principal & interest, loan amount, LTV, and debt service coverage ratio (DSCR) for commercial investment properties. Pair with our live rate hub for current CMHC and conventional ranges.
Commercial Property Inputs
25.0% of value
$9,156
$1,500,000
75.0%
$109,870
1.64x
Meets typical 1.20x DSCR minimum
Commercial lenders qualify on property cash flow, not personal income.
Get a custom rate quote for your commercial property.
Book a call — DSCR 1.64Save your numbers — we'll email your results and a specialist can review your deal.
LendCity™ Mortgages
Ready to take the next step?
This Commercial Mortgage Calculator is just the beginning. Our team of specialists is ready to help you structure your next deal for maximum growth and cash flow.
Contact Information
+1 (226) 783-1640
scott@lendcity.ca
4769 Wyandotte St E
Windsor, ON N8Y 1H8
lendcity.ca
Conventional vs CMHC execution
20–25 years
Up to 40 years
Up to 50 years
How this commercial calculator works
Enter value, down payment, rate, amortization, and annual NOI — or upload a T12 / rent roll and let AI fill the fields. Results are a screen, not a term sheet.
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Set the loan
Property value and down payment set loan amount and LTV.
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Set the debt
Rate and amortization produce Canadian semi-annual P&I.
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Test DSCR
Annual NOI divided by annual P&I. Most A-lenders want 1.20x+.
Conventional commercial versus CMHC MLI
This tool models a conventional commercial first mortgage on property cash flow. Five-plus unit rentals may also have an insured CMHC path with different LTV, amortization, and min DCR.
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Conventional commercial
Banks, credit unions, and alternative lenders. Qualification is NOI versus debt service, plus sponsor net worth and experience.
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CMHC MLI (5+ residential units)
Insured multifamily. MLI Select min DCR is 1.10. MLI Standard is 1.30 on a 5-year term and 1.20 on a 10-year term. Size those files on the MLI calculators.
Loan, payment, LTV, and DSCR
NOI must be net of vacancy and operating expenses. If you only have gross rent, upload a T12 so taxes and insurance are not guessed.
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Loan amount
Value × (1 − down payment %). · Value − down payment
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Monthly P&I
Canadian mortgages compound semi-annually, not monthly like a US loan. · Semi-annual compounding P&I
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LTV
Loan divided by value. Lenders may use the lesser of price and appraisal. · Loan / value
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DSCR
NOI / annual P&I. Below 1.20x usually needs more equity, a longer amort, or a CMHC path. · NOI / annual debt service
Worked example (illustrative)
$2,000,000 value, 25% down, 5.50% / 25 years, $180,000 NOI. Teaching case only.
| Loan / LTV | $1,500,000 · 75% |
|---|---|
| What to test | Does $180,000 NOI clear 1.20x on that P&I? |
| If DSCR fails | More down, lower price, or size on the MLI calculator if 5+ units |
Rates move. Pair this page with the commercial mortgage rates hub before you treat the payment as current.
Related tools & guides
next steps
- Commercial mortgage rates
Live CMHC and conventional ranges
- CMHC MLI max loan
Insured 5+ unit sizing
- Canada DSCR calculator
1–4 unit and small commercial DCR
- CMHC premium calculator
July 2025 insurance grid
- CMB rates
Bond benchmark behind many commercial prices
- Book a strategy call
Get a lender-ready quote
Qualification & DSCR
Browse our most frequently asked questions below.
Qualification & DSCR
Rates & CMHC insurance
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