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Mortgage Calculator

Date

Results Scenario 1

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

Results table
Interest costs
Over current term: $ 
Over total amortization period: $ 
End of term mortgage balance: $ 
Your payment is:
$   .
Purchase price
 
$
Down payment
 
$
 (%)
Total mortgage
 
$
Amortization
 
 
 years
Payment frequency
 
Term
 
 years
Rate
 
%
Additional payment (optional)
 
 of $
  

Mortgage Calculator

Breakdown scenario

Mortgage Calculator

Assumptions

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.