Free Tool
Canadian Mortgage Calculator
Estimate your monthly payments in seconds. Uses Canadian semi-annual compounding — the same calculation lenders use.
$500,000
$100K$2M
20% ($100,000)
5%50%
4.29%
1%10%
25 years
5 yrs30 yrs
Estimated Monthly Payment
$2,167/mo
Mortgage Amount$400,000
Down Payment$100,000
Total Interest Paid$250,230
Total Amount Paid$650,230
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Apply for Your Real RateEstimates only. Uses Canadian semi-annual compounding. Does not include property tax, insurance, or CMHC premiums.