Mortgage details
Use purchase price, down payment, annual rate, amortization, and payment frequency to model the cost of a mortgage under Canadian-style assumptions.
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Canadian assumptions
This version is framed around the Canadian mortgage context, including the semi-annual compounding patterns highlighted in the reviewed competitor analysis.
Frequency effects
Compare monthly, bi-weekly, and accelerated bi-weekly payment patterns to see how cadence changes total interest and payoff timing.
Planning tool
Use the calculator to explore cost scenarios before deciding whether a lower rate, shorter amortization, or faster payment cadence fits your goals.
Amortization Visual
Yearly Principal and Interest Breakdown
Inspired by the competitor’s amortization modules, this view shows how each year’s payments shift from interest-heavy to principal-heavy over the life of the mortgage.
Principal paidInterest paid
| Year | Payment | Principal Paid | Interest Paid | Ending Balance | Visual |
|---|---|---|---|---|---|
| Adjust the mortgage inputs to generate the amortization schedule. | |||||