🏠 Free Tool
Enter your loan details. See your payment, total interest, and the exact year principal overtakes interest — with the full amortization schedule broken down.
Enter the amount actually borrowed, not the purchase price. Include any mortgage insurance premium added to the loan.
Standard bi-weekly/weekly payments spread 12 monthly payments across the year. Accelerated bi-weekly uses half the monthly payment 26 times a year.
Most Canadian fixed-rate mortgages quote a nominal rate compounded semi-annually. Match your lender's stated convention.
⚠️ Estimates based on standard amortization formulas. Actual payments depend on your lender's exact terms and rounding conventions. Not financial advice.
Enter your loan details above to see your personalized breakdown.
| Year | Principal Paid | Interest Paid | Total Paid | Ending Balance |
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This calculator is for illustrative purposes only and does not constitute financial advice. Actual payments depend on your lender's specific terms, fees, and rounding conventions. Most Canadian fixed-rate mortgages quote rates compounded semi-annually. Other products may use a different convention. Verify your exact numbers with your lender before making decisions.