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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.