Mortgage Payment calculator
Estimate payments and review an annual amortization schedule.
Your estimate
Planning estimates only. All dollar amounts are CAD. Rates shown are examples, not offers.
Assumptions & limits
Canadian nominal interest compounded semi-annually, converted to the selected payment frequency. Regular biweekly and weekly payments are not accelerated. For down payments below 20%, the estimate adds a standard CMHC premium for a traditional down payment and amortization up to 25 years. Other insurance programs, premium taxes, property taxes and fees are excluded. A 30-year uninsured loan requires lender eligibility. The annual schedule uses monthly payments.
References: FCAC down-payment guidance · CMHC premium table. Checked September 19, 2026.
Annual amortization schedule
Monthly-payment illustration, assuming the entered rate stays unchanged for the full amortization.
| Year | Principal paid | Interest paid | Ending balance |
|---|
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