See how increasing your mortgage payment or changing
the frequency of your payments can reduce the life of
the mortgage and the total interest you pay.
Create and compare two mortgage scenarios.
Paid off in
The maximum amortization in Canada is 25 years on down payments of less than 20%.
You can select from three types of accelerated payments: accererated semi-monthly,
accelerated bi-weekly or accelerated weekly.
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.
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