Mortgage Calculator
Estimate a monthly mortgage payment, with a choice of monthly (US) or semi-annual (Canadian) compounding. It runs in your browser.
1,753.77Monthly payment
226,131.04Total interest
526,131.04Total paid
Does not include property tax or insurance. Calculators give estimates for planning. They are not financial advice.
How to use it
- 1
Enter price and down payment
The loan is the price minus your down payment.
- 2
Add rate and term
Enter the rate, amortization years and compounding.
- 3
Read the payment
See the monthly payment, total interest and total paid.
Questions about mortgage calculator
What is the compounding option?
US mortgages usually compound monthly; Canadian mortgages compound semi-annually, which changes the payment slightly.
Does it include tax and insurance?
No. It covers principal and interest only.
Is my information sent anywhere?
No. It is worked out on your device.