Currency Converter

Mortgage Calculator

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.

Enter your figures in the first 5 rows and then push the calculate button.
Replace the figures displayed by default with yours.
Do not use commas when entering amounts

Amortization(Years) =

Term (Years) =

Yearly Interest Rate (%) =

Principal Amount ($) =

Down Payment (%) =

Down Payment Required ($) =

Mortgage Principal ($) =

Monthly Payment ($) =

Still Owing at End of Term ($) =