Mortgage Calculator
* CMHC Insurance applies if down payment is less than 20%
Results:
Home Price: $
Down Payment Amount: $
Loan Amount (after down payment): $
Payment Amount (per period): $
Interest Rate: %
Mortgage Term: โ
Payment Frequency:
CMHC Insurance: $
Amortization Schedule
Payment # | Principal | Interest | Balance |
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Mortgage Calculator โ Instantly Estimate Your Home Loan Payments
Use Our Free Online Mortgage Calculator to Plan Your Future Today
Looking to buy a new home or refinance your existing mortgage? Our mortgage calculator is your go-to tool for understanding your monthly payments, loan affordability, and overall financial readiness. Whether you’re using it as a mtg calculator, mortgage simulation tool, or a full amortization schedule calculator, this smart tool makes planning simple and accurate.
What Is a Mortgage Calculator?
A mortgage calculator is a free online tool that helps you estimate:
- Monthly mortgage payments
- Loan amortization schedule
- Interest costs over time
- Home affordability
- Required down payments
- Refinance savings
- Qualification estimates
Calculate with Confidence โ Try Our MTG Calculator Now
Our mtg calc combines various tools into one:
Mortgage Payment Calculator
Home Loan Mortgage Calculator
Mortgage Affordability Calculator
Amortization Chart Calculator
Closing Cost Calculator
Mortgage Rate Calculator
View Your Amortization Schedule
Understanding your amortization schedule is crucial for long-term planning. Our calculator generates a full mortgage amortization chart, breaking down your monthly payments into principal and interest.
Features of Our Mortgage Calculator Tool
Feature | Description |
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See how your loan pays down over time. | |
Estimate home price based on your budget. | |
Know how much you need to put down. | |
Compare your current loan with new options. | |
Breakdown of monthly repayments. | |
Find out how much you qualify for. |
Estimate Your Home Loan in Seconds
Whether you’re a first-time buyer or refinancing, our home loan calculator gives you the real numbers. Need home loan quotes? After running your numbers, request free, no-obligation mortgage quotes from top lenders.
Looking to refinance? Our refinance home loan calculator makes it easy to compare your options.
Personalized Results โ Zero Guesswork
All our calculators, including:
- Mortgage Loan Affordability Calculator
- HELOC Calculator Payment Tool
- House Affordability Calculator
- Mortgage Interest Calculator
Why Use Our Mortgage Calculator?
Accurate, real-time calculations
Works for all home types โ detached, condos, townhouses
Based on your location, income & rates
100% privacy โ no personal info required
Mobile-friendly and fast
Ready to Get Started?
Use the mortgage calculator now and take the first step toward owning your dream home. Whether you’re exploring a mortgage loan calculator, a down payment calculator, or an amortization calculator, everything you need is in one place.
Try it now and discover how much home you can afford!
Need Help?
Speak with a licensed mortgage advisor today for help interpreting your results and getting the best home loan quotes or refinance options based on your unique needs.
This Hawk Mortgage Calculator is designed by
Hawk Media.