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Mortgage Calculator

Explore your mortgage options and see how changes to your term, amortization, interest rates and payment frequency impact the total cost of your mortgage.

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With additional payments, you will save $0 in interest costs over the length of your mortgage.

Interest costs
Over current term:      
Over total amortization period:      
End of term mortgage balance:      

Mortgage rates are compounded semi-annually within this tool.

The calculations in this tool are based on a fixed rate of return.

Canada Mortgage and Housing Corporate (CMHC) mortgage insurance premiums listed within this tool are current as of June 1, 2015.

This calculator rounds to the nearest dollar.