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Banking & Budgeting

Mortgage Calculator

The loan amount, the interest rate, and the term of the mortgage can have a dramatic effect on the total amount you will eventually pay for the property. Further, mortgage payments typically will include monthly allocations of property taxes, hazard insurance, and (if applicable) private mortgage insurance (PMI). See the impact of these variables along with an amortizaton schedule.

Loan Information	Input
Loan amount	(0-9999999)$
Annual interest rate	(0-30)%
Number of months: (30yrs=360)	(1-480)
Desired amortization schedule	monthlyyearly
Property Information	Input
Sale price of property	(0-9999999)$
Let system estimate property taxes, insurance, and private mortgage insurance? If No then detail	NoYes
Annual property taxes	(0-9999999)$
Annual hazard insurance	(0-9999999)$
Monthly private mortgage insurance	(0-9999999)$

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Loan Information	Input
Loan amount
Annual interest rate
Number of months: (30yrs=360)
Desired amortization schedule
Property Information	Input
Sale price of property
Let system estimate property taxes, insurance, and private mortgage insurance? If No then detail
Annual property taxes
Annual hazard insurance
Monthly private mortgage insurance

See All Calculators

{ "fields" : { "udata" : [ "loanAmount" , "interestRate" , "termMonths" , "amortization" , "propertyValue" , "estimateTipmi" , "propertyTaxes" , "hazardInsurance" , "pmi" ] } }

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This calculator is provided by Financial Calculators, Inc., and is intended solely for general information and educational purposes. You should not take any action on the basis of the information provided through this calculator. Please see the disclaimer for further information and limitations.

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Rates

Rates provided by

• Mortgages

  Mortgages Type	Rate
  1-yr Closed	3.80%
  3-yr Closed	4.40%
  5-yr Closed	5.13%

• GICs

  GICs Type	Rate
  1-yr Annual	1.10%
  3-yr Annual	2.28%
  5-yr Annual	2.80%

• RRSP

  RRSP Type	Rate
  1-yr	1.09%
  3-yr	2.28%
  5-yr	2.76%

View rates in your area

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