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Mortgage Calculator

This will tell you what your approximate mortgage payment will be, not including taxes.

Just enter the purchase price {principal amount} (I.E. 50,000,75,000......)
Amortization period (I.E. 15-20-30 yrs)
Term (I.E. 1year,3year, 5year....)
Interest rate (I.E. 7.0,7.2,8.0 percent)
Down payment (as a percentage I.E. 5, 10, 15......)
Then click calculate!!

Mortgage Calculator using either the 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 ($) =
Down payment (%) =
Down payment Required ($) =
Mortgage Principal ($) =
Monthly Payment ($) =
Still Owing at End of Term ($) =

Call Now for the best rates!

1-877-454-6005