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🇨🇦 Canada · Home finance

Mortgage payment & CMHC calculator

See your mortgage payment, insurance premium and a more complete monthly home cost in one clear plan.

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Your home

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Review or recalculate this result online:
Verified for 2026Methodology 2026.2 · reviewed 2026-08-08 · review by 2026-12-01
Payment timeline

Amortization schedule

Updates instantly when you change an input.

MonthPaymentPrincipalInterestPrepaymentRemaining balance
1$3,236$991$2,245$0$566,979
2$3,236$995$2,241$0$565,984
3$3,236$999$2,237$0$564,985
4$3,236$1,003$2,233$0$563,983
5$3,236$1,007$2,229$0$562,976
6$3,236$1,011$2,225$0$561,965
7$3,236$1,015$2,221$0$560,951
8$3,236$1,019$2,217$0$559,932
9$3,236$1,023$2,213$0$558,909
10$3,236$1,027$2,209$0$557,883
11$3,236$1,031$2,205$0$556,852
12$3,236$1,035$2,201$0$555,817
13$3,236$1,039$2,197$0$554,778
14$3,236$1,043$2,193$0$553,735
15$3,236$1,047$2,189$0$552,688
16$3,236$1,051$2,184$0$551,636
17$3,236$1,055$2,180$0$550,581
18$3,236$1,060$2,176$0$549,521
19$3,236$1,064$2,172$0$548,457
20$3,236$1,068$2,168$0$547,389
21$3,236$1,072$2,164$0$546,317
22$3,236$1,077$2,159$0$545,241
23$3,236$1,081$2,155$0$544,160
24$3,236$1,085$2,151$0$543,075
25$3,236$1,089$2,146$0$541,986
26$3,236$1,094$2,142$0$540,892
27$3,236$1,098$2,138$0$539,794
28$3,236$1,102$2,133$0$538,692
29$3,236$1,107$2,129$0$537,585
30$3,236$1,111$2,125$0$536,474
31$3,236$1,115$2,120$0$535,359
32$3,236$1,120$2,116$0$534,239
33$3,236$1,124$2,112$0$533,115
34$3,236$1,129$2,107$0$531,986
35$3,236$1,133$2,103$0$530,853
36$3,236$1,138$2,098$0$529,715
37$3,236$1,142$2,094$0$528,573
38$3,236$1,147$2,089$0$527,426
39$3,236$1,151$2,085$0$526,275
40$3,236$1,156$2,080$0$525,119
41$3,236$1,160$2,075$0$523,959
42$3,236$1,165$2,071$0$522,794
43$3,236$1,169$2,066$0$521,625
44$3,236$1,174$2,062$0$520,451
45$3,236$1,179$2,057$0$519,272
46$3,236$1,183$2,052$0$518,089
47$3,236$1,188$2,048$0$516,900
48$3,236$1,193$2,043$0$515,708
49$3,236$1,197$2,038$0$514,510
50$3,236$1,202$2,034$0$513,308
51$3,236$1,207$2,029$0$512,101
52$3,236$1,212$2,024$0$510,889
53$3,236$1,217$2,019$0$509,673
54$3,236$1,221$2,014$0$508,451
55$3,236$1,226$2,010$0$507,225
56$3,236$1,231$2,005$0$505,994
57$3,236$1,236$2,000$0$504,758
58$3,236$1,241$1,995$0$503,518
59$3,236$1,246$1,990$0$502,272
60$3,236$1,251$1,985$0$501,021
61$3,236$1,256$1,980$0$499,766
62$3,236$1,260$1,975$0$498,505
63$3,236$1,265$1,970$0$497,240
64$3,236$1,270$1,965$0$495,969
65$3,236$1,276$1,960$0$494,694
66$3,236$1,281$1,955$0$493,413
67$3,236$1,286$1,950$0$492,128
68$3,236$1,291$1,945$0$490,837
69$3,236$1,296$1,940$0$489,541
70$3,236$1,301$1,935$0$488,240
71$3,236$1,306$1,930$0$486,934
72$3,236$1,311$1,925$0$485,623
73$3,236$1,316$1,919$0$484,307
74$3,236$1,322$1,914$0$482,985
75$3,236$1,327$1,909$0$481,658
76$3,236$1,332$1,904$0$480,326
77$3,236$1,337$1,898$0$478,989
78$3,236$1,343$1,893$0$477,646
79$3,236$1,348$1,888$0$476,298
80$3,236$1,353$1,883$0$474,945
81$3,236$1,359$1,877$0$473,587
82$3,236$1,364$1,872$0$472,223
83$3,236$1,369$1,866$0$470,853
84$3,236$1,375$1,861$0$469,478
85$3,236$1,380$1,856$0$468,098
86$3,236$1,386$1,850$0$466,713
87$3,236$1,391$1,845$0$465,321
88$3,236$1,397$1,839$0$463,925
89$3,236$1,402$1,834$0$462,523
90$3,236$1,408$1,828$0$461,115
91$3,236$1,413$1,823$0$459,702
92$3,236$1,419$1,817$0$458,283
93$3,236$1,424$1,811$0$456,858
94$3,236$1,430$1,806$0$455,428
95$3,236$1,436$1,800$0$453,993
96$3,236$1,441$1,794$0$452,551
97$3,236$1,447$1,789$0$451,104
98$3,236$1,453$1,783$0$449,651
99$3,236$1,459$1,777$0$448,193
100$3,236$1,464$1,771$0$446,728
101$3,236$1,470$1,766$0$445,258
102$3,236$1,476$1,760$0$443,782
103$3,236$1,482$1,754$0$442,301
104$3,236$1,488$1,748$0$440,813
105$3,236$1,494$1,742$0$439,319
106$3,236$1,499$1,736$0$437,820
107$3,236$1,505$1,730$0$436,315
108$3,236$1,511$1,724$0$434,803
109$3,236$1,517$1,719$0$433,286
110$3,236$1,523$1,713$0$431,763
111$3,236$1,529$1,707$0$430,234
112$3,236$1,535$1,700$0$428,698
113$3,236$1,541$1,694$0$427,157
114$3,236$1,547$1,688$0$425,609
115$3,236$1,554$1,682$0$424,056
116$3,236$1,560$1,676$0$422,496
117$3,236$1,566$1,670$0$420,930
118$3,236$1,572$1,664$0$419,358
119$3,236$1,578$1,657$0$417,780
120$3,236$1,585$1,651$0$416,195
121$3,236$1,591$1,645$0$414,604
122$3,236$1,597$1,639$0$413,007
123$3,236$1,603$1,632$0$411,404
124$3,236$1,610$1,626$0$409,794
125$3,236$1,616$1,620$0$408,178
126$3,236$1,622$1,613$0$406,556
127$3,236$1,629$1,607$0$404,927
128$3,236$1,635$1,600$0$403,291
129$3,236$1,642$1,594$0$401,650
130$3,236$1,648$1,587$0$400,001
131$3,236$1,655$1,581$0$398,347
132$3,236$1,661$1,574$0$396,685
133$3,236$1,668$1,568$0$395,017
134$3,236$1,675$1,561$0$393,343
135$3,236$1,681$1,555$0$391,662
136$3,236$1,688$1,548$0$389,974
137$3,236$1,694$1,541$0$388,279
138$3,236$1,701$1,535$0$386,578
139$3,236$1,708$1,528$0$384,870
140$3,236$1,715$1,521$0$383,156
141$3,236$1,721$1,514$0$381,434
142$3,236$1,728$1,508$0$379,706
143$3,236$1,735$1,501$0$377,971
144$3,236$1,742$1,494$0$376,229
145$3,236$1,749$1,487$0$374,481
146$3,236$1,756$1,480$0$372,725
147$3,236$1,763$1,473$0$370,962
148$3,236$1,770$1,466$0$369,193
149$3,236$1,777$1,459$0$367,416
150$3,236$1,784$1,452$0$365,633
151$3,236$1,791$1,445$0$363,842
152$3,236$1,798$1,438$0$362,044
153$3,236$1,805$1,431$0$360,239
154$3,236$1,812$1,424$0$358,427
155$3,236$1,819$1,417$0$356,608
156$3,236$1,826$1,409$0$354,782
157$3,236$1,834$1,402$0$352,948
158$3,236$1,841$1,395$0$351,108
159$3,236$1,848$1,388$0$349,260
160$3,236$1,855$1,380$0$347,404
161$3,236$1,863$1,373$0$345,542
162$3,236$1,870$1,366$0$343,672
163$3,236$1,877$1,358$0$341,794
164$3,236$1,885$1,351$0$339,909
165$3,236$1,892$1,343$0$338,017
166$3,236$1,900$1,336$0$336,117
167$3,236$1,907$1,328$0$334,210
168$3,236$1,915$1,321$0$332,295
169$3,236$1,922$1,313$0$330,373
170$3,236$1,930$1,306$0$328,443
171$3,236$1,938$1,298$0$326,505
172$3,236$1,945$1,290$0$324,560
173$3,236$1,953$1,283$0$322,607
174$3,236$1,961$1,275$0$320,646
175$3,236$1,968$1,267$0$318,678
176$3,236$1,976$1,260$0$316,701
177$3,236$1,984$1,252$0$314,717
178$3,236$1,992$1,244$0$312,725
179$3,236$2,000$1,236$0$310,726
180$3,236$2,008$1,228$0$308,718
181$3,236$2,016$1,220$0$306,702
182$3,236$2,024$1,212$0$304,679
183$3,236$2,032$1,204$0$302,647
184$3,236$2,040$1,196$0$300,608
185$3,236$2,048$1,188$0$298,560
186$3,236$2,056$1,180$0$296,504
187$3,236$2,064$1,172$0$294,440
188$3,236$2,072$1,164$0$292,368
189$3,236$2,080$1,156$0$290,288
190$3,236$2,088$1,147$0$288,200
191$3,236$2,097$1,139$0$286,103
192$3,236$2,105$1,131$0$283,998
193$3,236$2,113$1,122$0$281,885
194$3,236$2,122$1,114$0$279,763
195$3,236$2,130$1,106$0$277,633
196$3,236$2,138$1,097$0$275,495
197$3,236$2,147$1,089$0$273,348
198$3,236$2,155$1,080$0$271,192
199$3,236$2,164$1,072$0$269,028
200$3,236$2,172$1,063$0$266,856
201$3,236$2,181$1,055$0$264,675
202$3,236$2,190$1,046$0$262,485
203$3,236$2,198$1,037$0$260,287
204$3,236$2,207$1,029$0$258,080
205$3,236$2,216$1,020$0$255,864
206$3,236$2,224$1,011$0$253,640
207$3,236$2,233$1,002$0$251,406
208$3,236$2,242$994$0$249,164
209$3,236$2,251$985$0$246,913
210$3,236$2,260$976$0$244,653
211$3,236$2,269$967$0$242,385
212$3,236$2,278$958$0$240,107
213$3,236$2,287$949$0$237,820
214$3,236$2,296$940$0$235,524
215$3,236$2,305$931$0$233,219
216$3,236$2,314$922$0$230,905
217$3,236$2,323$913$0$228,582
218$3,236$2,332$903$0$226,250
219$3,236$2,342$894$0$223,908
220$3,236$2,351$885$0$221,558
221$3,236$2,360$876$0$219,198
222$3,236$2,369$866$0$216,828
223$3,236$2,379$857$0$214,449
224$3,236$2,388$848$0$212,061
225$3,236$2,398$838$0$209,664
226$3,236$2,407$829$0$207,256
227$3,236$2,417$819$0$204,840
228$3,236$2,426$810$0$202,414
229$3,236$2,436$800$0$199,978
230$3,236$2,445$790$0$197,533
231$3,236$2,455$781$0$195,077
232$3,236$2,465$771$0$192,613
233$3,236$2,474$761$0$190,138
234$3,236$2,484$752$0$187,654
235$3,236$2,494$742$0$185,160
236$3,236$2,504$732$0$182,656
237$3,236$2,514$722$0$180,142
238$3,236$2,524$712$0$177,618
239$3,236$2,534$702$0$175,085
240$3,236$2,544$692$0$172,541
241$3,236$2,554$682$0$169,987
242$3,236$2,564$672$0$167,423
243$3,236$2,574$662$0$164,849
244$3,236$2,584$652$0$162,265
245$3,236$2,594$641$0$159,670
246$3,236$2,605$631$0$157,066
247$3,236$2,615$621$0$154,451
248$3,236$2,625$610$0$151,825
249$3,236$2,636$600$0$149,190
250$3,236$2,646$590$0$146,544
251$3,236$2,657$579$0$143,887
252$3,236$2,667$569$0$141,220
253$3,236$2,678$558$0$138,542
254$3,236$2,688$548$0$135,854
255$3,236$2,699$537$0$133,155
256$3,236$2,709$526$0$130,446
257$3,236$2,720$516$0$127,726
258$3,236$2,731$505$0$124,995
259$3,236$2,742$494$0$122,253
260$3,236$2,753$483$0$119,500
261$3,236$2,763$472$0$116,737
262$3,236$2,774$461$0$113,962
263$3,236$2,785$450$0$111,177
264$3,236$2,796$439$0$108,381
265$3,236$2,807$428$0$105,573
266$3,236$2,819$417$0$102,755
267$3,236$2,830$406$0$99,925
268$3,236$2,841$395$0$97,084
269$3,236$2,852$384$0$94,232
270$3,236$2,863$372$0$91,369
271$3,236$2,875$361$0$88,494
272$3,236$2,886$350$0$85,608
273$3,236$2,897$338$0$82,711
274$3,236$2,909$327$0$79,802
275$3,236$2,920$315$0$76,882
276$3,236$2,932$304$0$73,950
277$3,236$2,943$292$0$71,006
278$3,236$2,955$281$0$68,051
279$3,236$2,967$269$0$65,084
280$3,236$2,979$257$0$62,106
281$3,236$2,990$245$0$59,116
282$3,236$3,002$234$0$56,113
283$3,236$3,014$222$0$53,099
284$3,236$3,026$210$0$50,074
285$3,236$3,038$198$0$47,036
286$3,236$3,050$186$0$43,986
287$3,236$3,062$174$0$40,924
288$3,236$3,074$162$0$37,850
289$3,236$3,086$150$0$34,764
290$3,236$3,098$137$0$31,665
291$3,236$3,111$125$0$28,555
292$3,236$3,123$113$0$25,432
293$3,236$3,135$101$0$22,297
294$3,236$3,148$88$0$19,149
295$3,236$3,160$76$0$15,989
296$3,236$3,173$63$0$12,816
297$3,236$3,185$51$0$9,631
298$3,236$3,198$38$0$6,433
299$3,236$3,210$25$0$3,223
300$3,236$3,223$13$0$0

Compare scenarios

Click a down payment to apply it to the calculator above and see the cash needed against the monthly payment.

Lower cash today

10% down

$3,916 / mo
Cash needed$65,000
AppliedBalanced plan

15% down

$3,716 / mo
Cash needed$97,500
Lower monthly cost

20% down

$3,442 / mo
Cash needed$130,000

Understand your result

Clear context for the numbers behind your monthly plan.

Loan-to-value

Loan-to-value is your mortgage balance as a percentage of the home price. A higher LTV (a smaller down payment) generally means a larger CMHC premium.

CMHC insurance premium

Mortgage loan insurance is typically required whenever the down payment is below 20%. The premium is calculated on the loan amount and is usually added to the mortgage itself.

Amortization

Amortization is the number of years used to calculate your payment. A longer amortization lowers the monthly payment but increases the total interest paid over the life of the mortgage.

Interest vs. principal

Every payment splits between interest owed and principal repaid. Early payments contain more interest; later payments contain more principal.

How to use this calculator

  1. 1Enter your home price, down payment, interest rate and amortization.
  2. 2Add your estimated property tax and home insurance for a more complete monthly cost.
  3. 3Compare down-payment scenarios to see the trade-off between cash needed today and monthly cost.
  4. 4Review the CMHC premium and methodology notes before treating this as a planning estimate.

Explore this calculator

What your result means →Your estimated monthly home cost is $3,716, including mortgage, tax and insurance.Key terms explained →Loan-to-value, the CMHC premium, amortization and principal vs. interest are explained above.How to use this calculator →Enter your home price and down payment, review the live plan, then compare down-payment scenarios.The calculation formula →The payment formula converts the semi-annual Canadian mortgage rate to an equivalent monthly rate.Worked example →At your current inputs, the CMHC premium is $15,470.Assumptions and limitations →Lender qualification, closing costs and provincial premium tax are not included in this estimate.Costs or factors not included →Legal fees, title insurance, moving costs and ongoing maintenance are not part of this estimate.Frequently asked questions →Common questions about mortgage insurance, qualification and this monthly cost estimate.
Long-term picture

More of your payment becomes ownership

Early payments contain more interest. As the balance falls, a larger share goes toward principal.

Year 1Year 13Year 25

Source & review statusBased on published CMHC mortgage loan insurance premium rates and standard amortization formulas.

Canada-specific contextAmounts are in CAD; premium tiers follow CMHC's insured-mortgage rules.

Important noteFor planning and educational use only, not a mortgage approval or offer.

Your privacy mattersInputs remain on your device.

Helpful answers

Before you make an offer

Why is the payment higher than a basic mortgage estimate?+

This view adds property tax and home insurance so the headline figure is closer to the recurring monthly cost of owning the home.

When is mortgage insurance added?+

An insured mortgage is generally required when the down payment is below 20%, subject to insurer and lender eligibility rules.

Does this show what I can qualify for?+

No. Qualification also depends on income, debts, the mortgage stress test, credit, property type and lender underwriting.

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