Mortgage Payment Calculator

Calculate your monthly mortgage payments based on the home price, down payment, interest rate, and amortization period. This calculator includes CMHC insurance if your down payment is less than 20%.

Home Price

Down Payment ($)

Down Payment (%)

Interest Rate (%)

Amortization Period

Payment Frequency

Annual Property Tax ($)

Total Payment

Principal & Interest $0

Property Tax $0

CMHC Insurance $0

Mortgage Amount $0

Total Interest Paid $0

Total Cost of Mortgage $0

⚠️ Disclaimer: This calculator provides estimates only. Actual payments may vary based on your lender's terms, your credit score, and other factors. CMHC insurance rates vary from 2.8% to 4% depending on your down payment amount. Always consult with a mortgage professional for accurate quotes.