This calculator will help you estimate what your early payout penalty is likely to be.

What is my estimated payout penalty?

What is your outstanding mortgage balance?  
What is your current interest rate?
(If your current mortgage is with a Big Five Bank, enter the posted rate offered at the time you got your mortgage.)
How many months are left on your current term?  
What is your lender's current interest rate that most closely matches the time remaining on your mortgage?
(Example: if you have 31 months left on your current mortgage, enter your lender's current 3 year fixed rate.)
Is your term fixed or variable? (Choose "Fixed" or "Variable".)  
Approximate penalty: $