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calculate your payments

Our interactive Canadian Mortgage Calculator is available at the bottom of every page from this website.

You can also use one of the two interactive calculators below. The one on the left will calculate the loan principal amount that corresponds to a specified payment amount while the one on the right will calculate a payment amount based on a specified principal loan amount.

Note that for either of these calculators, you can modify both the annual interest rate and the amortization period.

principal | payment loan calculators

use the fields below to calculate a loan amount that corresponds to a chosen payment amount
use the fields below to calculate a payment amount that corresponds to a chosen loan amount

principal
amount

 $

annual
interest rate

 %

amortization
period (years)

 yrs


monthly
payment
$

principal
amount

 $

annual
interest rate

 % (yearly)

amortization
period (years)

 years

monthly
payment
$

Using the mortgage calculator

The calculator is based on the Canadian Mortgage formula (compounded semi-annually).

The monthly payment will automatically be updated by changing the values for the loan amount, interest rate and loan period.

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