This mortgage calculator calculates Canadian monthly mortgage payments based on purchase price, interest and term. Canadian mortgages are compounded semi-annually.

Simply enter the number of years, interest rate, purchase price and down payment. Press "Calculate Payment Schedule" and you will get a complete schedule of your required down payment, mortgage principal, monthly payment, and what will still be owing at the end of the term.

For a quick and easy mortgage approval, fill out my secure online application.