Canadian Mortgage Calculator

 

This online Canadian mortgage calculator calculates interest on the mortgage loan "compounded semi-annually, not in advance".  The American mortgage calculators found on many sites use a slightly different interest calculation.

Asking Price: $		Taxes: $	/ year
Interest Rate:	%	Condo Fees: $	/ year
Amortization:	10 Years15 Years20 Years25 Years30 Years35 Years

Down Payment: $ $ $ Percent Down:          First Mortgage: $ $ $ CMHC / GE Premium: $ $ $ Total Financing: $ $ $ Monthly Mortgage Payment: $ $ $ Taxes / Fees: $ $ $ Total Payment: $ $ $ Income Required: $ $ $

This Canadian mortgage calculator is meant to offer general financing guidelines for Canadian homebuyers. I cannot guarantee that all calculations are accurate. It is very important that you consult a professional financial advisor before making personal financial decisions.

If you're considering Scarborough real estate, or own a Scarborough home, house or condo that you are thinking about selling, call me for FREE ADVICE on how mortgage interest rates may affect you. 

At Century 21 Leading Edge Realty, our in-house team of mortgage professionals from Invis can get you the right mortgage at the best rates.