	Stuart McKerrow smckerrow@sutton.com Sutton Group - Associates Realty Inc., Brokerage Independently owned and operated. 358 Davenport Road, Toronto, Ontario M5R 1K6 Office: 416-966-0300 \| Fax: 416-966-0080 \| Cell: 416-856-6810

Mortgage Payment

Want to know how much and how often your mortgage payments will be? Use this calculator to compare options and find one that is right for you.

Mortgage Amount:

Interest Rate:

% Invalid

Amortization :

YearsInvalid

Payment Frequency:

Weekly (52 payment/year)

Bi-Weekly(26 payment/year)

Monthly (12 payment/year)

Accelerated Weekly (52 payment/year)

Accelerated Bi-Weekly (26 payment/year)

Your Payment:

Total Interest:

Interest is compounded semi-annually not in advance. The Interest rate is fixed for the term of the mortgage. The interest rate is usually renegotiated at the end of the term of the mortgage.

This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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