Mortgage payment calculator

See your payment for any frequency, how much interest you'll pay over your term, and what you'll owe at renewal.

$
$

35.0% down · Commercial lenders typically require 25–35%.

Monthly payment

$8,707.71

Mortgage amount
$1,300,000
Loan-to-value
65.0%
Interest over 5-yr term
$398,385
Principal paid over term
$124,078
Balance at end of term
$1,175,922
Total interest (full amortization)
$1,312,313
Paid off in
25.0 years

Calculated with semi-annual compounding, as required for fixed-rate mortgages under Canada's Interest Act. Estimates only — not a commitment to lend.