Estimate your mortgage payment, explore different scenarios and see how your mortgage balance changes over time.
■ Principal ■ Interest
Review how much of your mortgage payments goes toward principal and interest each year.
| Year | Total payments | Principal | Interest | Ending balance |
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Estimates only, not a lending offer or approval. This calculator assumes a constant interest rate throughout the amortization and Canadian semi-annual compounding. Mortgage insurance premiums are approximate and eligibility restrictions apply. BC provincial sales tax on mortgage insurance, if applicable, and closing costs are not included. Property taxes and strata fees are added only to the monthly housing-cost estimate. Confirm all figures with your lender or mortgage professional.