Mortgage Calculator

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

Amortization(Years) =

Term (Years) =

Yearly Interest Rate (%) =

Principal Amount ($) =

Down payment (%) =

Down payment Required ($) =

Mortgage Principal ($) =

Monthly Payment ($) =

Still Owing at End of Term ($) =

Please remember that this is only a rough estimate. If you have any outstanding loans, you may qualify for less. The best way to know what you qualify for is to go to your lending institute and get pre-qualified.