Mortgage Calculators
Calculate your mortgage payments, determine affordability, and find the right home for your budget.
Mortgage Calculator
Payment per period
Estimated
CA$3,682.30
Based on monthly payments
Principal
CA$640,000.00
Total interest
CA$464,689.09
Total paid over 25 years (12 payments/year)
CA$1,104,689.09
Frequency comparison
Monthly
Per payment: CA$3,682.30
Total interest: CA$464,689.09
+0% more interest
Bi-weekly
Best Value
Per payment: CA$1,697.68
Total interest: CA$463,491.76
Accelerated bi-weekly
Per payment: CA$1,841.15
Total interest: CA$556,746.52
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Notes:
- Uses Canadian mortgage convention (semi-annual compounding).
- Accelerated bi-weekly approximated as monthly payment / 2 with 26 payments per year.
Disclaimer: Estimates are based on the inputs provided and Canadian mortgage conventions. Actual rates and payments may vary. Contact a mortgage broker for personalized advice.