Header Flash Element

Monthly Mortgage Rate Calculator

Use this calculator to determine the monthly payments of your mortgage, based on the amount of the loan, the term of the loan desired, your down payment, and the loan's interest rate.

 Calculate Payment
Principal    Amortization years
Interest Rate    Payment

Calculate Principle
Periodic Payment 
  
The above is for illustrative purposes only. Canadian Rates are compounded semi-annually

Quick Summary:



Recent Posts

Secondary credit card user a nobody I read an article recently about a woman who was married for 22 years, she and her husband had joint credit cards and were responsible payers. The marriage dissolved and the woman...
Alberta MLS sales to top country... Alberta’s economy continues to outpace the rest of country; Alberta will lead the country in 2012 in annual growth for home sales, according to the Canadian Real Estate Asso
TSX flat on lower commodity prices... There is a much happening in Canada and the world today! Osama bin Laden is dead, there is an election happening and your taxes are due! The markets opened up to the news that...
Higher loonie suggests rates won’t... The Bank of Canada is not likely to increase interest rates any time soon. The loonie increased yesterday to 1.0523 against the greenback.
Alberta retail sector bounces back There is positive news from Statistics Canada latest release, retail sales in Alberta are up! In February consumers were out spending their disposable incomes on retail goods....
Good time to buy With the Bank of Canada holding interest rates steady, it’s a good time to buy a home. There is no indication from the Bank that rates will rise before July. So, people...
No rate hikes imminent, BoC signals On Tuesday April 12, 2011, The Bank of Canada made it clear that interest rates will remain unchanged, at 1%. There is no indication from the bank when the key rate will increase...
Calgary retail sales forecast to... Retail sales are expected to boom in the coming years.  Calgary has a very healthy economy, spurred largely by the oil and gas sector. Calgarian’s consumer confidence...
Discounts Expected in Spring... The U.S. housing market is continuing to experience declines, both in resale homes and in new homes. Data on the U.S.housing industry is expected on Wednesday Mar 23 and it doesn...