Recent Calculations
Use this calculator to generate an amortization schedule for your current mortgage. Quickly see how much interest you will pay, and your principal balances. You can even determine the impact of any principal prepayments! Press the report button for a full amortization schedule, either by year or by month.
El precio de la vivienda que desea comprar. This is the actual price you pay, not including any closing costs.
Original or expected balance for your mortgage including any financed mortgage insurance.
Annual interest rate for this mortgage.
El número de años durante los cuales se pagará este préstamo. The most common mortgage amortization periods are 25 years and 30 years.
Your principal and interest payment (P&I) per period.
The payment type determines the frequency of payments. Monthly will have 12 payments per year, weekly 52, bi-weekly 26 and semi-monthly 24.
Accelerated weekly and accelerated bi-weekly payment options are calculated by taking a monthly payment schedule and assuming only four weeks in a month. The tool calculates an accelerated weekly payment, for example, by taking your normal monthly payment and dividing it by four. Since you make 52 weekly payments, by the end of a year you have paid the equivalent of one extra monthly payment. This additional amount accelerates your loan payoff by going directly against your loan's principal. The effect can save you thousands in interest and take years off of your mortgage.
The accelerated bi-weekly payment is calculated by dividing your monthly payment by two. You then make 26 bi-weekly payments. Just like the accelerated weekly payments you are in effect paying an additional monthly payment per year.
Check this box if you wish to calculate the amount of mortgage insurance payable. Mortgage insurance is financed in your mortgage and does not increase your closing costs but does increase your mortgage balance. For additional information regarding mortgage insurance please read the definition "Mortgage Loan Insurance Premium".
**CMHC_DEFINITION**
Total de los pagos mensuales acumulados durante la vigencia de la hipoteca. Este monto total de pago asume que no se realizan prepagos de capital.
Total de los intereses pagados a lo largo de la vigencia de la hipoteca. Este monto total de intereses asume que no se realizan prepagos de capital.
La frecuencia del prepago. The options are none, weekly, bi-weekly, semi-monthly, monthly, yearly and one-time payment.
Monto que se pagará por adelantado en la hipoteca. Este monto se aplicará al saldo principal de la hipoteca, de acuerdo con el tipo de prepago.
Este es el número del pago con el que comenzarán a aplicarse los prepagos. Para un pago único, este es el número del pago en el que se incluirá el prepago único. Se supone que todos los prepagos de capital serán recibidos por el agente de préstamo a tiempo para ser considerados en el cálculo de intereses del mes siguiente. Si elige realizar un prepago único para el pago número cero, se supone que este prepago se efectúa antes del primer pago del préstamo.
Monto total de intereses que se ahorrará al efectuar prepagos en su hipoteca.
Elija cómo se mostrará el informe en su calendario de pagos. Anualmente: se resumirán los pagos y saldos de cada año. Mensualmente: mostrará todos los pagos a lo largo del plazo del préstamo.