Mortgage calculator
Ontario mortgage payment calculator
Estimate a monthly mortgage payment using Canadian semi-annual interest compounding.
Reviewed August 31, 2026Illustrative estimate
Estimated monthly payment$2,767Monthly principal and interest. Uses Canadian semi-annual compounding.
How to use this estimate
Use current documents.Enter figures from the mortgage statement, renewal offer, payout quote, appraisal, or commitment where possible.
Compare like with like.Use the same balance, time period, and payment frequency when comparing alternatives.
Check the actual terms.Qualification, fees, compounding, privileges, and lender calculations may produce different results.