Your details
Mortgage amount
Mortgage amount
Enter the estimated purchase price of your home, minus the down payment.
Amortization
Amortization
The length of time you have to repay your mortgage in full.
1 year
2 years
3 years
4 years
5 years
6 years
7 years
8 years
9 years
10 years
11 years
12 years
13 years
14 years
15 years
16 years
17 years
18 years
19 years
20 years
21 years
22 years
23 years
24 years
25 years
26 years
27 years
28 years
29 years
30 years
Term
Term
The amount of time your mortgage contract is in effect, at the specified interest rate.
7.190% - 1 Year - Insured
6.890% - 2 Years - Insured
6.590% - 3 Years - Insured
6.390% - 4 Years - Insured
5.890% - 5 Years - Insured
7.540% - 1 Year - Conventional
7.040% - 2 Years - Conventional
6.840% - 3 Years - Conventional
6.740% - 4 Years - Conventional
6.540% - 5 Years - Conventional
Custom - 1 Year
Custom - 2 Years
Custom - 3 Years
Custom - 4 Years
Custom - 5 Years
Custom
Interest
rate
Interest rate
Interest rates available
from Your Neighbourhood Credit Union
for the selected term are shown. You can also enter a different rate as a custom rate.
Payment frequency
Payment frequency
Making more frequent payments can help you pay off your mortgage faster. Accelerated payments help you pay it off even faster.
Monthly
Semi-monthly
Bi-weekly
Weekly
Accelerated bi‑weekly
Accelerated weekly
Your results
MORTGAGE PAYMENT
$0
monthly
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Principal paid over the term
$0
Interest paid over the term
$0
Interest plus principal paid over the term
$0
Mortgage balance at end of term
$0
Amortization
Graph
Table
Compare
Mortgage
Amount
Amortization in Years
Monthly
Year
Total Payments
Interest
Principal
Balance
0$
$0
$0
$0
$0
Payment frequency options
Your selection
Compare to
Payment amount
Amortization
Term interest cost
Amortization interest cost
Select frequency...
Monthly
Semi-monthly
Bi-weekly
Weekly
Accelerated bi‑weekly
Accelerated weekly
Payment amount
Amortization
Term interest cost
Amortization interest cost
Amortization interest savings