Property Cost
Purchase price
Down payment
Mortgage Required (CMHC Premium Included)
5.00% Down
Mortgage Details
Frequency
Rate
Term
Amortization
Your Mortgage
| Payment | |
|---|---|
| CMHC Premium | |
| Term Principal | |
| Term Interest | |
| Term Interest + Principal | |
| End of Term Balance |
Your Mortgage Story
You want to buy a property for . You will put down and will need a mortgage of . You will make payments of for at a rate of . Your mortgage will be paid off in .
Amortization Chart
Years
Show Amortization Schedule
| Period | Payment | Principal | Interest | Balance |
|---|
| {Period} | {Payment} | {Principal} | {Interest} | {Balance} |
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COMPARE SCENARIOS
Scenario 1
Scenario 2
Scenario 3
Mortgage Amount
Amortization
Interest Rate
Mortgage Term
Payment Frequency
Payment Amount
Term Interest Cost
Apply Prepayments
By making prepayments, the amount of time it will take to pay off your mortgage will be reduced by 0 Year(s) and 0 Month(s), which also represents a total savings of 0 in interest.
| Period | Payment | Principal | Interest | Balance |
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