Mortgage Tools

Canadian Mortgage Calculator

Estimate your mortgage payment, default insurance, and total monthly housing cost using Canadian conventions — including semi-annual interest compounding. Your results appear instantly, with no personal information required.

Your details

Adjust any field and the estimate updates automatically.

Purchase price

Down payment ($)

Down payment (%)

Mortgage interest rate (%)

Amortization period

Payment frequency

Property taxes (annual, optional)

Condo fees (monthly, optional)

Your estimate

Based on Canadian semi-annual compounding. All figures are estimates.

Estimated mortgage payment

— Monthly

Down payment: —
Mortgage principal: —
Payment frequency: —
Default-insurance estimate: —
Total mortgage (incl. insurance): —
Total interest over amortization: —
Total of payments (principal + interest): —
Property taxes (monthly): —
Condo fees (monthly): —
Estimated total monthly housing cost: —

This calculator is provided for general informational purposes only. Results are estimates and may not reflect the actual mortgage terms, qualification requirements, insurance premiums, fees or costs available to you. Please consult a qualified mortgage professional for personalized advice.