Mortgage payment calculator
See your payment, how much of it is interest, and how the balance falls over time.
Mortgage payment calculator
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$
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Payment is set by the amortization; the term is how long this rate runs before renewal. Totals below are for the term.
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Payment
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- Total interest over the mortgage term
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- Total paid over the mortgage term (principal + interest)
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- Interest saved (this term)
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- Interest saved (full amortization)
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- Paid off sooner by
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Principal vs. interest
Principal Interest
Compare mortgage options
Change one thing at a time and see what it costs you, and what it saves. Every variation keeps the rest of your scenario above.
Your scenario
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Monthly equivalent
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- Interest, this term
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- Interest, full amortization
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- CMHC premium
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- Cash at closing
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- Paid off
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Baseline
Option 1
$
%
Monthly equivalent
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- Interest, this term
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- Interest, full amortization
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- CMHC premium
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- Cash at closing
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- Paid off
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Option 2
$
%
Monthly equivalent
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- Interest, this term
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- Interest, full amortization
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- CMHC premium
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- Cash at closing
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- Paid off
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Option 3
$
%
Monthly equivalent
—
- Interest, this term
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- Interest, full amortization
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- CMHC premium
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- Cash at closing
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- Paid off
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Amortization schedule (this term)
| Year | Paid | Principal | Interest | Remaining balance |
|---|
Rates and program rules are as of April 2026. Estimates only — your lender and lawyer confirm the final figures.