The simple calculator below will determine the monthly payment for a Canadian mortgage:
  • Enter the number of years over which you want the mortgage amortized. Most mortgages are amortized over 25 years. 
  • Enter the interest rate. 
  • Enter the amount you wish to borrow. 
  • Press compute and the calculator will return the monthly payment required. 
 
Amortization
Period
Interest
Rate
Mortgage or 
Loan Amount
Monthly
Payment
Bi-Monthly
Payment
yrs
%
$
$
 $

 

 

Specializing in Residential, Condo's, Acreages, Farm, Lake and Recreational Property.
Market area Edmonton, Sherwood Park , Leduc, Calmar, Thorsby, Pigeon Lake, Devon,
Nisku, Beaumont Sunnybrook, Breton , Wizard Lake, Millet.

  
 
 
 

Phone: 780-986-2900  Fax: 780-986-5636 
 #8, 5901 - 50th Street, Leduc, Alberta T9E 8E3