Tool · Financing

What does this renovation cost per month?

Adjust project size, term, and rate. See HELOC, reno loan, and total interest at a glance. Reality-check the affordability before you commit.

Project & loan parameters

Loan type

Typical 2026 Ottawa rates

HELOC: ~Prime + 0.5%. Renovation loan: 7–10%. Mortgage refinance: 4.5–6%. Final rate depends on your lender, credit, and equity position. Always check directly.

Estimates only — not financial advice. Speak with a licensed mortgage broker for binding numbers.

Talk to us about your project

Monthly payment