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Canadian Mortgage Calculator

This calculator calculates Canadian monthly mortgage payments based on principal interest and term. Mortgages are compounded semi-annually.

Amortization(Years) =

Term (Years) =

Yearly Interest Rate (%) =

Principal Amount ($) =

Downpayment (%) =


Downpayment Required ($) =

Mortgage Principal ($) =

Monthly Payment ($) =

  End of Term ($) =


Note: The mortgage interest rate calculator is only provided as a rough guideline for loan payments. Many factors, including borrower credit history, are used by lenders in making their loan decisions.