Mortgage Payment Calculator

Looking to take out a mortgage sometime soon? Know what you’ll be signing up for with our mortgage payment calculator. Understanding how much your mortgage payments will be is an important part of getting a mortgage that you can afford to service long term.

The mortgage payment calculator below estimates your monthly payment and amortization schedule for the life of your mortgage. If you’re purchasing a home, our payment calculator allows you to test down payment and amortization scenarios, and compare variable and fixed mortgage rates. It also calculates your mortgage default insurance premiums and land transfer tax.