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Mortgage Calculator !

This calculator calculates U.S. and Canadian monthly mortgage payments based on principal, interest and term. U.S. mortgages are compounded monthly while Canadian mortgages are compounded semi-annually.

Amortization(Years) =

Term (Years) =

Yearly Interest Rate (%) =

Principal Amount ($) =

Down payment (%) =

Down payment Required ($) =

Mortgage Principal ($) =

Monthly Payment ($) =

Still Owing at End of Term ($) =


Estimates are based on typical conventional fixed rate financing. The results provided by this calculator are intended for comparative purposes only. The accuracy of the results is not guaranteed. Due to rounding or slight differences in mathematical formulas used and changing currency between Canada and USA.