Canadian Loan Payment Calculator with Amortization Schedule
This calculator will compute a loan's monthly payment amount based on the principal amount borrowed, the length of the loan and the annual interest rate. Then, once you have computed the monthly payment, click on the "Create Amortization Schedule" button to create a report you can print out. Note that each time you change one of the loan's variables you will need to recalculate the monthly payment before creating the Amortization Schedule.
Purchase price:
Down payment ( % or dollar amount >>> ):
Annual interest rate (%):
Amortization years:
Loan size:
CMHC/GE insurance rate:
CMHC/GE premium:
Net mortgage amount:
Monthly payment amount:
Amortization Schedule
Number of years to amortize:
Select Loan Start Date: