Canadian Mortgage Calculator

Canadian law compounds fixed rates semi-annually even for monthly payments — this implements the convention plus accelerated schedules.

Home price

Down payment

Posted rate

Amortization

years

Payment frequency

Monthly payment

C$3,257.54

Accelerated bi-weekly saves roughly the equivalent of one monthly payment per year.

How the Canadian Mortgage Calculator works

The calculation follows the standard method used across the US — no shortcuts, no hidden assumptions. Here is exactly what happens behind the scenes:

How does the Canadian Mortgage Calculator work?

Enter your numbers above and results update instantly using standard formulas, computed entirely on your device.

Is the Canadian Mortgage Calculator free to use?

Yes — completely free with no signup required, and it works on phones, tablets, and desktops.

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