Mortgage Payment Calculator – Estimate Your Monthly Payments
Plan Your Mortgage Costs
Buying a property? Understanding your monthly mortgage payments is crucial for budgeting. Use our Mortgage Payment Calculator to estimate your costs, including interest, property taxes, and CMHC insurance.
Property
Total price of the property and Down Payment (Min. 5% below $500K)
$
$
Rate
The Rate Term is the contract length with a lender.
%
Amortization
Amortization is the total time it takes to pay off your mortgage in full. New mortgages usually start with an amortization of 25 years or 30 years in Canada.
Mortgage Payment
Balance end of Term
$377,467
Amortization
30 years
CMHC Insurance Premium
$12,555
Payment Breakdown
$605 (30 %)
$1,380 (70 %)
The calculations provided by these tools are for illustrative purposes only and do not create any legal or contractual obligations. All figures are approximate and may vary. The granting of financing or any financial decisions should be made in consultation with qualified professionals.
Aliona CozariFinancial Security Advisor. Mortgage Broker. Mutual Funds Representative.
Services Finanicers AVIE – Saint-Lambert, QC
Contact
French, English, Romanian, Russian
768 Rue De Namur, Saint Lambert, Qc J4S 1Z5
Mortgages -AVIE Financial Services Inc. is Attached to Planiprêt Mortgage broker firm. Our mortgage brokers are regulated by the Autorité des marchés financiers (AMF), under the law on the distribution of financial products and services (LDPSF). PEAK Investment Services Inc. is a Mutual Fund dealer and member of the Canadian Investment Regulatory Organization (CIRO) limiting its responsibilities to investment products such as mutual funds and ETFs. Commissions, trailing commissions, management fees and expenses may all be associated with mutual fund investments. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated. Personal Insurance - Insurance products include, but are not limited to, term life insurance, permanent life insurance, whole life insurance, universal life insurance, mortgage life insurance, accident and sickness insurance, long-term care, critical illness and disability insurance, private health insurance, travel insurance and expatriate insurance. This website is intended for Quebec residents.