Mortgage Calculator — Papa Calculator

Property

Home Price

Down Payment

20.0% of purchase price

Mortgage Terms

Annual Interest Rate

Canadian semi-annual compounding (Bank Act)

Amortization Period

yrs

Mortgage Term

yrs

Payment Frequency

Start Date (First Payment)

Housing Costs (Optional)

Property Tax (Annual)

Home Insurance (Annual)

Condo / HOA Fees (Monthly)

CMHC Mortgage Insurance —

Home Price —

Down Payment —

Down Payment % —

CMHC Premium Rate —

CMHC Premium —

Mortgage Principal —

Results update automatically as you change fields.

Extra Payment Options

Uses same mortgage details from the Payment tab.

Extra Monthly Payment

Annual Lump Sum Payment

Applied once per year at anniversary

Current Mortgage

Rate & term pulled from Payment tab.

Remaining Balance (override)

Leave 0 to auto-use balance at renewal

New Mortgage

New Interest Rate

New Amortization

yrs

Prepayment Penalty