Canadian Mortgage Calculator with Property Tax
Estimate your monthly mortgage payments including principal, interest, and property taxes. Our calculator provides a detailed breakdown to help you plan your home purchase in Canada.
$
$
%
$
Monthly Payment
$3,125
Principal & Interest
$2,895
Property Tax
$292
Total Interest
$412,500
Payment Breakdown
Payment Chart
Amortization
Amortization Schedule (First 5 Years)
| Year | Principal | Interest | Balance |
|---|---|---|---|
| 1 | $12,450 | $22,140 | $507,550 |
| 2 | $13,210 | $21,380 | $494,340 |
| 3 | $14,020 | $20,570 | $480,320 |
| 4 | $14,880 | $19,710 | $465,440 |
| 5 | $15,790 | $18,800 | $449,650 |
★★★★★
Rated 4.9/5 by 186 Canadian home buyers