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Mortgage Calculator

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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 downpayment, mortgage principal, monthly payment, and what will still be owing at the end of the term.

Amortization (Years) =

Term (Years) =

Yearly Interest Rate (%) =

Purchase Price ($) =

Down Payment (%) =

Down Payment Required ($) =

Mortgage Amount ($) =

Monthly Payment ($) =

Still Owing at End of Term ($) =


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