Mortgage Payment            
See how much your mortgage
payment will be based on the
amount borrowed, interest
rate, amortization period and
payment frequency.
      Scenario 1       Scenario 2  
    Mortgage loan $     $  
    Interest rate   %     %
    Amortization   Yrs     Yrs
    Payment frequency  
    Mortgage payment          
    Total interest          
The maximum amortization in Canada is 25 years on down payments of less than 20%.
This calculator is for illustrative purposes only and may not reflect the actual numbers 
in your mortgage loan agreement. You should not rely on the results as indication of
your financial needs and we recommend that you seek out your own investment, legal,
tax or professional advice.
Powered by