TREADSTONE LAW · ONTARIO · DIGITAL LEGAL SERVICES · EST. MMXXI ·TSL
The Buying a Home CentreTool

Mortgage payment calculator

Use this to see a monthly, bi-weekly or accelerated payment for a given rate and amortization, with Canadian semi-annual compounding.

Worked example. $500,000 at 4.5% over 25 years is $2,767.36 a month with semi-annual compounding, or $1,383.68 every two weeks on an accelerated schedule.

Where this is used

In this centreHow much home can I afford, and what does a pre-approval actually promise?In this centreWhat has to happen before my conditional offer becomes a firm deal?In this centreWhat does a first-time buyer in Ontario get, and what should I not skip?

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