Mortgage payment calculator

What will your payment be?

Estimate your monthly mortgage payment in CAD, including CMHC default insurance where applicable, using Canada's semi-annual compounding.

Loan details

Home priceDown payment (20%)Canadian minimum for this price: $50,000

Rate (%)Amortization

Estimated monthly payment

$3,418

Mortgage before insurance$600,000

Total mortgage$600,000

Loan-to-value80%

Total interest (over amortization)$425,475

Total of payments$1,025,475

Estimate only, using semi-annual compounding. Not an offer of credit, a rate guarantee, or financial advice. CMHC premium is illustrative.