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Canadian Mortgage Calculator

This mortgage calculator calculates Canadian monthly mortgage payments based on purchase price, interest and term. Canadian mortgages are compounded semi-annually.

Simply enter the number of years, interest rate, purchase price and down payment. Press "Calculate Payment" and you will get a complete schedule of your required down payment, mortgage principal, monthly payment, and what will still be owing at the end of the term. 

* Please fill in all fields even if the amount is zero.