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Mortgage Calculator


Use this free mortgage calculator to get a rough idea of your monthly payments.  Remember to always consult a mortgage professional for your exact payments and costs.

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 ($) =
Downpayment (%) =
Downpayment Required ($) =
Mortgage Principal ($) =
Monthly Payment ($) =
Still Owing at End of Term ($) =

 

 

 
 
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Richard Pridemore © 2010