Mortgage Calculator

How Much Will Your Monthly Payments Be?

This mortgage calculator calculates Canadian monthly mortgage payments based on purchase price, interest and term. Canadian mortgages are compounded semi-annually.

Simply enter the number of years, interest rate, purchase price and down payment. Press "Calculate Payment" and you will get a complete schedule of your required down payment, mortgage principal, monthly payment, and what will still be owing at the end of the term.

Please fill in all fields even if the amount is zero.

Amortization (Years)

Term (Years)

Yearly Interest Rate (%)

Purchase Price ($)

Down Payment (%)

Mortgage Results

Down Payment
Required ($)

Mortgage
Amount ($)

Monthly
Payment ($)

Still Owing at
End of Term ($)

 
   
Karen Blomquist 403.781.6665 | karen@lendingteam.ca