- Apply On Line - Apply Online Apply by Fax Arrange a Callback - Mortgage Resources - Rates Learning Centre Press Releases Industry News Glossary Legal Information Privacy Policy - Calculators & Tools - Amortization Finance your Purchase Mortgage Manager Schedule Investment Planner Buy Down Affordability Affordability Chart Rent vs. Own ---> Differential ---> Amortization Schedule Calculator Calculate and print off an amortization payment schedule for input mortgage terms. Loan Amount Mortgage Term 1 2 3 4 5 6 7 8 9 10 Yrs 0 1 2 3 4 5 6 7 8 9 10 11 Mos Interest Rate Amortization 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Yrs 0 1 2 3 4 5 6 7 8 9 10 11 Mos See Current Mortgage Rates Print Schedule for 1 Year 2 Years 3 Years 4 Years 5 Years 10 Years 15 Years 20 Years 25 Years Extra Mthly Pmt START Month January February March April May June July August September October November December Extra Annual Pmt     CDN - or US -       $534.18 Monthly Payment $0 + $0 Extra per month Extra per year $7,318 Principal Paid - 36 Months $11,912 Interest - 36 Months $92,682 Balance - 36 Months $60,231 Interest - Life of Mtg Canadian Calculation - Compounding Semi-Annually A $100,000 mortgage for a term of 36 months, amortized over 300 months at 4.15%, compounded semi annually   Month Days Interest Payments Principal Payments Extra Payments Balance 1 Jan - 31 $349 $185 $0 $99,815 2 Feb - 28 $315 $219 $0 $99,596 3 Mar - 31 $348 $186 $0 $99,410 4 Apr - 30 $336 $198 $0 $99,212 5 May - 31 $347 $187 $0 $99,025 6 Jun - 30 $335 $199 $0 $98,825 7 Jul - 31 $345 $189 $0 $98,636 8 Aug - 31 $345 $189 $0 $98,447 9 Sep - 30 $333 $201 $0 $98,246 10 Oct - 31 $343 $191 $0 $98,055 11 Nov - 30 $332 $203 $0 $97,852 12 Dec - 31 $342 $192 $0 $97,660 13 Jan - 31 $341 $193 $0 $97,467 14 Feb - 28 $308 $227 $0 $97,241 15 Mar - 31 $340 $194 $0 $97,046 16 Apr - 30 $328 $206 $0 $96,840 17 May - 31 $338 $196 $0 $96,644 18 Jun - 30 $327 $207 $0 $96,437 19 Jul - 31 $337 $197 $0 $96,240 20 Aug - 31 $336 $198 $0 $96,042 21 Sep - 30 $325 $209 $0 $95,833 22 Oct - 31 $335 $199 $0 $95,633 23 Nov - 30 $323 $211 $0 $95,423 24 Dec - 31 $333 $201 $0 $95,222 25 Jan - 31 $333 $201 $0 $95,021 26 Feb - 28 $300 $234 $0 $94,786 27 Mar - 31 $331 $203 $0 $94,583 28 Apr - 30 $320 $214 $0 $94,369 29 May - 31 $330 $204 $0 $94,165 30 Jun - 30 $318 $216 $0 $93,949 31 Jul - 31 $328 $206 $0 $93,743 32 Aug - 31 $328 $207 $0 $93,536 33 Sep - 30 $316 $218 $0 $93,319 34 Oct - 31 $326 $208 $0 $93,110 35 Nov - 30 $315 $219 $0 $92,891 36 Dec - 31 $325 $210 $0 $92,682 Totals 1095 days $11,912 $7,318 $0 $92,682	COMPARE RATES TERM OURS BANKS 6.mo 1yr. 3yr. 5yr. 4.65% 2.49% 3.40% 3.89% 4.65% 3.00% 4.15% 5.39% Quick Calculator
Back to Top     Figures are rounded to nearest dollar. The above information is for illustrative purposes only. We cannot guarantee its accuracy. Please contact your financial advisor for more specific information. Calculator powered by CanadaMortgage.com	Legal Information Privacy Policy