Built for Canada — semi-annual compounding, your payment frequency, taxes, condo fees and heat included. Adjust any block and watch your numbers update live.
Estimates use Canadian semi-annual compounding and are for illustration only. Your actual payment depends on lender, product and approval (OAC). Default insurance premiums are not included.
Unlike the US, Canadian fixed mortgages compound twice per year — this calculator reflects that, so your estimate is realistic.
Switching to accelerated bi-weekly adds one extra monthly payment a year — and can shave years off your amortization.
Lenders qualify you at the higher of your rate +2% or 5.25%. We'll confirm the figure that actually applies to you.
We'll confirm your actual rate and payment in writing — and shop 50+ lenders to beat it if we can.