Canadian mortgage payment calculator
Estimate a regular payment at your chosen rate. This is a payment estimate, not an approval, prequalification or rate offer.
Example rateDefault of 4.49% is an illustrative assumption, not a live market rate. Enter your own rate.
Payment frequency
Estimated regular payment
$2,211.67 /month
Monthly means 12 equally spaced payments per year. Model convention: nominal rate compounded semi-annually, not in advance; your lender\'s terms may differ.
Excludes property tax, insurance, fees and other ownership costs. Your lender's schedule and payment may differ.
Inputs: $400,000 mortgage, 4.49% interest, 25-year amortization, monthly. Educational estimate only.
Related calculators
Affordability calculatorEstimate buying power, cash to close and qualification ratios.CMHC insurance calculatorPremium, financed loan and premium tax with under 20% down.Ontario land transfer taxProvincial and Toronto tax with first-time rebates.Renewal calculatorCompare a renewal offer with another rate.