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Peak Realty, Brokerage

Mortgage Calculator

Please fill out the following forms to calculate your monthly mortgage payments. You have the option of viewing your rates in either Canadian or American.

Fill out the following forms
Amortization (Years):     
Term (Years):     
Yearly Interest Rate: %  
Principal Amount: $  
Downpayment: $  

Your Results
Mortgage Principal: $  
Monthly Payment: $    
Still Owing: $  

The mortgage calculator is for demonstration purposes only and may not reflect actual numbers for your mortgage. Assumes constant interest rate throughout the amortization period; interest is calculated semi-annually not in advance for fixed interest rate mortgages, and monthly for variable interest rate mortgages. Mortgage prepayments (e.g. additional payments) may be subject to a compensation charge.