Mortgage Calculator

Calculate the cost of yourmortgage payments. Fill in the information below and click Compute Mortgage to show the amount of each installment and the balance after various intervals of time (at the same interest rate).

This is for your information only. Contact your bank or mortgage broker for more accurate information.

Length of Term:
Frequency of Payments:
Amortization Period: Years
Amount of Mortgage: (e.g., 350,000)
Interest Rate: (e.g., 5.5)

Your Results

Amount of Each Mortgage Payment:
Balance After 1 Year:
Balance After 2 Years:
Balance After 3 Years:
Balance After 5 Years:
Balance After 10 Years: