Basic Mortgage Payment Calculator

This basic mortgage payment calculator is intended to be functional, yet simple to use. Enter your proposed principal, interest, and loan terms to factor a monthly payment. As a bonus, it will tell you how much interest you're going to pay over the life of the loan. Experiment with your loan terms and interest rates to find the best combination for your budget. Once you've done this, you'll have a very good idea of what loan products will (and will not) work well for your budget and repayment strategies. Check out our debt ratio calculator to see how your proposed mortgage payment fits with ratio requirements.

Have questions? Use our quick quote to get a fast quote.