Calculate a Mortgage Payment

Find a house you're interested in? Use this easy calculator to find out approximately what your monthly payments would be.

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Principal Loan Balance ($) Annual Interest Rate (%) Amortization Length Years (typically 30 or 15 in US, 25 in Canada) Starting Month/Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec  /  Prepayment Method None : No Prepayments Monthly : Pre-pay a set amount each month Annually : Pre-pay a set amount once each year Bi-weekly : 26 half paymts/yr - 2 half pre-paymts each 6 months Bi-weekly : 26 half paymts/yr - 1 full pre-paymt each 12 months One Time : Pre-pay one set amount after a given # of months Principal Prepayment Amount ($) Monthly/Annually/One-Time One-Time Prepayment Amount Paid after months

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