Find a Home

Canadian mortgage calculator

Input Information

Property Information

Home Value :

($)

Loan Information

Amount :

($)

Interest Rate :

(%)

Length :

(Yrs)

PDF options are customizable. You may leave either "Let me print..." or "Send calculation results..." option on the screen.

Send calculation results to email

To Email Address :

Name :

Phone # :

Show Schedule Table

Interested in buying a home in Maryland?
Call us today and speak to a REALTOR that can help you.
Contact us at: 800-428-1981 ext. 1.

Monthly Principal & Interests :	$1,334.23
Total Monthly Payments :	$480,316.13
Total Interests Paid :	$230,321.61
Down Payment :	$50,000.00
Required Down Payment :	$75,000.00
Required Income :	$50,033.50

If you live in Canada and are interested in purchasing a home, you will need to plug in a few numbers in order to determine how much your mortgage payments will be. If you are interested in purchasing a home for 300,000.00 Canadian dollars and are interested in taking out a loan for $250,000.00 at a 5.000% interest rate for 30 years, you will be required to put down a $75,000.00 down payment (required down payment is 25% of house list price for homes with prices below $400,000 and 35% if property costs more that that value). This means your monthly payment (principal and interest only) will be $1,334.23. Your total payments will be $480,316.13 for the life of the loan. This means you will pay $230,321.61 in interest.