Mortgage Calculator


Canadian Mortgage Calculator

This calculator calculates Canadian monthly mortgage payments based on principal, interest and term. Canadian mortgages are compounded semi-annually.
Note: Use this calculator only as a guide as it has not factored in your credit score, personal debt etc. When you're ready, please apply for a pre-approval mortgage online.

Canadian Mortgage Calculator
Amortization (Years) =
 
Term (Years) =
 
Yearly Interest Rate  =
  %
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Principal Amount ($) =
 
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Down payment (%) =
 
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Down payment Required ($) =
 
Mortgage Principal ($) =
 
Monthly Payment ($) =
 
Still Owing at End of Term ($) =