Mortgage calculator courtesy of Hal Decter LL.B., Licensed Realtor




1286 Fairfield Road, Victoria, BC, V8V 4W3, PH: (250) 385-2033 Toll: 1-888-886-1286 Hal@HalDecter.com

Mortgage Calculator using a Canadian or U.S. Formula

This calculator calculates U.S. and Canadian monthly mortgage payments based on principal, interest and term. U.S. mortgages are compounded monthly while Canadian mortgages are compounded semi-annually.

Amortization in Years =
Term (Years) =
Yearly Interest Rate (%) =
Purchase Price ($) =
Down payment (%) =

Down payment Required ($) =
Mortgage Principal ($) =
Monthly Payment ($) =
Still Owing at End of Term ($) =

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