Canadian Mortgage Calculator

Home price (CAD)

Down payment

Down payment (%)

Interest rate (%/year)

Amortization (years)

Payment frequency

+ Costs, insurance & extra payments

Property tax ($/year)

Home insurance ($/year)

Other costs ($/year)

Extra per payment ($)

Mortgage insurance

Loan start month

Initial rate term (years)

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Mortgage Results

Mortgage payment—Monthly · CAD

Total payment with costs—

Mortgage principal—

Total interest—

Total mortgage payments—

Insurance premium—

Payoff date—

Balance at rate renewal—

Interest saved with extras—

Principal vs. interest

—

■ Principal■ Interest

Mortgage balance

Amortization schedule

Payment	Date	Principal	Interest	Balance

CAD estimates. Canadian nominal rates compound semi-annually. Insurance premiums and eligibility are estimates; lender rules, provincial taxes and renewals may differ. The same interest rate is assumed for the full amortization.