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Mortgage Calculator


Mortgage Payment Analyzer
Answer the questions listed below.
Click the Compute Payment & Balance Summary
button when you are finished.
1. Mortgage Term:
2. Payment Frequency:
3. Amortization Period: Year(s)
4. Mortgage Amount:
5. Interest Rate:  (e.g. 5.75)


Mortgage Payment:

Mortgage Balance Remaining After:
1 Year 2 Years 3 Years 5 Years 10 Years
* click here to view Current Rates courtesy of Royal Bank of Canada

In order to use this form, simply input the amount of the mortgage on the home or property you are purchasing followed by the interest rate your lender is offering, the length or term of the mortgage in years, how often you would like to make your payments and then hit the submit button. Your mortgage payment will appear in the calculated payment field, with the balance remaining after each specified period.

Note: These calculations are only valid for Canadian mortgages.

A BRIGHT SPOT IN REAL ESTATE


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