Mortgage Calculator

The simple calculator below will determine the monthly payment for a Canadian mortgage:
  • Enter the number of years over which you want the mortgage amortized. Most mortgages are amortized over 25 years or less. 
  • Enter the interest rate. 
  • Enter the amount you wish to borrow. 
  • Press compute and the calculator will determine the monthly payment required.
The accuracy and applicability of this calculator to your circumstances is not guaranteed. You should always consult a qualified professional for personal advice.