Mortgage calculators
Canadian math, semi-annual compounding, not the American monthly convention most online calculators use.
How to use these
Every calculator below runs in your browser. Nothing is sent anywhere, nothing is stored, and no email address is required. If a number surprises you, that’s worth a conversation.
Mortgage payment
Canadian semi-annual compounding.
- Monthly payment
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- Bi-weekly (accelerated)
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- Total interest over amortization
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- Years saved with accelerated bi-weekly
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Debt consolidation
What happens to monthly cash flow.
- New mortgage balance
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- New mortgage payment
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- Old total monthly outflow
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Keep paying the old total and direct the difference at the mortgage as a prepayment. That is where the real saving lives.
Renewal payment shock
What your payment becomes at the new rate.
- Old payment
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- New payment
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- Payment at 25-yr re-amortization
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Refinance break-even
Does breaking early pay for itself?
- Monthly interest saving
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- Total switching cost
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- Break-even
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These calculators use Canadian semi-annual compounding for fixed-rate mortgages. Results are estimates for planning purposes and are not an offer of credit, a pre-approval, or advice. Your actual payment, penalty and qualification depend on lender policy.
Straight answers
Frequently asked questions
Why is a Canadian mortgage calculator different from an American one?
Canadian fixed-rate mortgages compound semi-annually, not monthly. An American calculator applies monthly compounding and will overstate your payment slightly. The calculators on this page use the Canadian semi-annual convention.
How accurate are these calculators?
The payment math is exact. What they cannot know is your specific lender’s qualifying policy, your prepayment penalty, or whether you qualify at all. Treat the output as a planning figure, not an approval.
Next step
A 30-minute call tells you whether there's money on the table.
No application, no credit pull, no pitch. Bring your current mortgage balance, your renewal date, and a rough list of what you owe elsewhere. You'll leave the call knowing your options and what each one costs.