Calculator
Mortgage Payment Calculator
Calculate your regular mortgage payment and see the total interest and total cost over the amortization, using Canadian semi-annual compounding.
Your mortgage
Your payments
Advanced: prepayment simulator
Combine both prepayment options — increase every monthly payment and make a yearly lump-sum prepayment — to see how much time and interest you could save. Use either one on its own, or both together, just as most lenders allow.
Take your results with you
Download a personalised PDF report of your results to keep or share.
Turn these numbers into a plan
Book a free initial consultation and we’ll walk through your results together and map out the next steps — no obligation.
This calculator provides a simplified estimate for educational purposes only and does not constitute financial, tax or legal advice. Actual results depend on your full circumstances and current legislation.
Want advice tailored to your situation? Book a confidential consultation with Financial Planning Simplified. Book a consultation