Mortgage Calculators

 Canadian or U.S. Formula

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 ($) =
Downpayment (%) =
Down Payment Required ($) =
Mortgage Principal ($) =
Monthly Payment ($) =
Still Owing at End of Term ($) =

               NOTE:  MUST ENTER AMOUNT IN DOWN PAYMENT WINDOW, USE  0 if no down payment

               HOME
               604-932-2300