Serving home buyers and owners across Ontario
(416) 757-4224akhan@oakparkmortgage.com

Tools

Mortgage payment

Explore payments and payment frequency.

Calculator and notebook for estimating mortgage payments
Estimated monthly payment$3,539
Mortgage including premium$640,000
Insurance premium$0
Payments per year12
Annual scheduled payments$42,464
Review with Ashab

Principal and interest only; property taxes and insurance are extra. Fixed-rate illustration with semi-annual compounding. Accelerated biweekly equals half the monthly payment every two weeks. Insurance estimates assume an eligible owner-occupied purchase, traditional down payment and amortization of 25 years or less when insured. Other programs may differ. Estimates only; lender and closing figures may differ.