Payment Calculator

What would my payment be?

Plug in a mortgage amount, rate, and term. Numbers update as you type. Canadian fixed-rate compounding (semi-annual) is built in.

Your numbers

Mortgage amount

Interest rate

Annual rate. Fixed mortgages compound semi-annually in Canada.

Amortization (years)

Payment frequency

Monthly Semi-monthly Bi-weekly Bi-weekly accel. Weekly Weekly accel.

View amortization schedule

Month	Payment	Interest	Principal	Balance

Shows the first year month-by-month, then year-end balances. Monthly-equivalent payment values regardless of the frequency selected, so balances are comparable.

This page is for informational purposes only. Calculator results are estimates based on the inputs you provide and current Canadian mortgage qualifying rules; they are not a pre-approval, commitment to lend, or guarantee of rate or term. All applications are subject to lender approval, credit verification, and property appraisal.