Commercial Mortgage Calculator | DSCR, Rent Roll

Deal Parameters

Asset Class

Purchase Price

LTV

Interest Rate (nominal semi-annual)

Amortization

yrs

Mortgage Term

yrs

Income & Expenses

Gross Annual Rental Income

Vacancy Rate

Operating Expenses

CMHC Insurance

Apply CMHC MLI Select

Enables LTV up to 85% for eligible multifamily

Premium: 2.8% of loan

Premium amount: $63,000

Rates as of April 2026

Debt Service Coverage Ratio

1.23x

Marginal — tight underwrite

Minimum DSCR

1.10x CMHC · 1.20x conv.

Effective rate: 5.22%

NOI (Annual)

$185,250

EGI: $285,000

Cap Rate

6.17%

NOI / price

Loan Amount

$2,313,000

Incl. $63,000 CMHC

Monthly Payment

$12,552

Annual DS: $150,626

Equity (Purchase)

$750,000

25.00% down

Balance at Term End

$2,126,862

After 5yr term

Income Waterfall

Gross Rental Income$300,000

Vacancy Loss (5%)− $15,000

Effective Gross Income$285,000

Operating Expenses (35%)− $99,750

Net Operating Income$185,250

Annual Debt Service− $150,626

Cash Flow After Debt$34,624

Print Deal Summary

Property Address / Name

Broker Name

Deal Notes

How this commercial mortgage calculator works

This calculator suite helps Canadian commercial investors and brokers test a deal before approaching lenders. Enter the property type, price, loan-to-value (LTV), interest rate and amortization, then use the six tabs to look at the deal from different angles.

DSCR: checks whether the property's income covers the mortgage payments.

Rent Roll: builds gross income, vacancy and net operating income from your unit rents.

Mortgage Comparison: puts insured, conventional and private options side by side for the same deal.

Closing Costs: estimates Ontario land transfer tax and other closing costs.

Sensitivity: shows how the results move when key inputs such as the interest rate change.

Construction: models financing for a build or major renovation.

Results are estimates for planning only. They are not a quote, an approval or a commitment to lend.

Commercial mortgage calculator questions

What is DSCR in a commercial mortgage?

DSCR (also called DCR) is a property's net operating income divided by its annual mortgage payments. A ratio above 1.0 means the income covers the payments. Each lender sets its own minimum, and it can vary by property type.

What is net operating income (NOI)?

Net operating income is the rent a property collects, less vacancy and operating expenses, before mortgage payments and income tax. The Rent Roll tab builds it up from your unit-by-unit rents.

Are the calculator results a quote or an approval?

No. The results are estimates for planning only. Actual rates, loan amounts and terms depend on the lender, the property and your full file.

How do I get a real commercial mortgage quote?

Use the Get a Quote button in the calculator or call (416) 299-6096 to speak with a licensed lendsimpl broker. lendsimpl is an FSRA-licensed brokerage, #13763.

Commercial Mortgage Calculator Suite