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Calculator · 01 of 05

Mortgage payment calculator

Punch in your numbers to see your regular payment, how much you'll owe at the end of your term, and exactly how much of each payment goes to principal vs. interest. Canadian compounding (semi-annual) is built in.

Regular mortgage payment
$
monthly
Effective rate
Mortgage classification
Mortgage amount
Total monthly cost
mortgage + tax + condo + heat
Balance at end of term
Interest paid in term
over your 5-year term
Total interest (full amortization)
if rate stayed the same the whole time

Where your money goes, year by year

What this means

Year-by-year breakdown

The highlighted row is when your term ends and you'll renew.
Year Principal paid Interest paid Balance remaining

Numbers look right? Let's see what you actually qualify for.

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