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Mortgage Calculator

The following amortization calculator requires a  Java enabled browser
This calculator calculates U.S. and Canadian monthly mortgage payments based on principal, interest and term. U.S. mortgages are compounded monthly while Canadian mortgages are compounded semi-annually.

Enter Loan Details

Amortization (Years) =

Term (Years) =

Yearly Interest Rate (%) =

Purchase Price ($) =

Down payment (%) =


Down payment Required ($) =

Mortgage Principal ($) =

Monthly Payment ($) =


Still Owing at End of Term ($) =