Enter Your Information
Mortgage Amount
$
Payment Frequency
Product
Interest Rate
%
Amortization
Yrs
Mortgage Amount
$
Payment Frequency
Product
Interest Rate
%
Amortization
Yrs
For new mortgages, if the downpayment or equity is less than 20% of the purchase price, the amortization cannot exceed 25 years and the maximum purchase price must be less than $1,000.00.

Mortgage 1


Payment is

$

Mortgage 2


Payment is

$

Calculation results are approximates and for information purposes only and rates quotes are not considered as rate guarantees. The calculations assume all payments are made when due. Calculations assume that the interest rate would remain constant over the entire amortization period, but actual interest rates may vary over the amortization period. Making weekly/bi-weekly payments will have the effect of making an extra monthly payment every year and will shorten your amortization.

To see the data represented in this graph, click on the Chart button above

Years

Mortgage 1

Mortgage 2