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Mortgage payment calculator

Enter the mortgage amount, rate and amortization to see your monthly payment — using the semi-annual compounding Canadian fixed mortgages actually use.

Paiement mensuel
$2,908
$372,407Intérêts totaux
$872,407Total payé

Estimation éducative — pas un conseil financier personnalisé. Suppose des taux constants; exclut les impôts et les frais sauf indication contraire.

Comment ça fonctionne

Canadian fixed-rate mortgages compound semi-annually by law, not monthly — so this converts the posted rate to an equivalent monthly rate before amortizing. Generic (US-style) calculators overstate the payment. Excludes property tax and insurance.