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MoneySense magazine Canadian Business magazine PROFIT magazine

Mortgage Payment Schedule Calculator


Use our calculator to test various mortgage scenarios. A mortgage amortization schedule tells you:

    •  What your mortgage payments will be over the life of your mortgage.
    •  How much interest and principal you are paying down each payment period, each year and each term.
    •  How your mortgage balance is declining each year and term.

Change one or more variables -- amortization period, term, interest rate and/or payment frequency -- to determine the effect on your overall mortgage costs.
Mortgage Loan Amount
$  

-or-
 year(s) -  %


Amortization Period
 year(s)

Payment Frequency 

Mortgage Start Date
Select

Amortization Schedule: Number of years
 year(s)


Please use whole numbers without commas for all fields except interest rate and mortgage term.
This tool is for illustration purposes only. No warranty is made about the accuracy or applicability of the results in any particular case.