Mortgage Calculator (Canada & US)
Calculate Canadian or US mortgage payments with correct compounding — get monthly payment, total interest, total paid, and an amortization summary table.
Monthly Payment
Total Interest
Total Paid
Amortization Summary
| Year | Principal | Interest | Balance |
|---|---|---|---|
Select years shown · all figures rounded
Why you’ll love Mortgage Calculator (Canada & US)
Instant & free
No signup, no paywall, no limits — Mortgage Calculator (Canada & US) works the moment the page loads.
Completely private
Everything runs in your browser. Nothing you enter is ever uploaded or stored on a server.
Works on any device
Fully responsive and touch-friendly — use it on your phone, tablet or desktop.
Accurate & clear
Built on the real formulas, with a breakdown you can actually trust.
How to use it
Open it
No download and no login — the tool is ready right at the top of this page.
Use it
Enter your details or start interacting. Everything updates live as you go.
Get your result
Copy, download or share your result in a single tap. That’s it.
About Mortgage Calculator (Canada & US)
This mortgage calculator helps you determine monthly payments for properties in Canada and the United States. It accounts for differences in compounding methods between countries—monthly in the US and semi-annual in Canada. Simply enter your loan amount, interest rate, and amortization period to instantly see your payment breakdown and total interest costs.
Plan your home purchase with detailed financial insights. The calculator provides a complete amortization schedule showing how each payment is split between principal and interest. Use it to compare different loan terms, explore the impact of down payments, and understand how interest rates affect your long-term costs.
Popular uses
Frequently asked questions
The main difference is compounding frequency. US mortgages use monthly compounding, while Canadian mortgages use semi-annual compounding. This affects how interest is calculated and paid over time, resulting in different payment amounts for the same rate.
The schedule shows every payment over your loan term, breaking down how much goes toward principal and interest. Early payments are mostly interest; later payments are mostly principal. Track when you'll reach specific equity milestones.
Yes. Enter your total home price and down payment percentage to calculate the loan amount needed. This helps you explore how different down payments affect your monthly obligation and total interest paid.
Mortgage Calculator (Canada & US) is 100% free — no signup, no watermarks and no usage limits. It’s one of 200+ free tools we build and give away.
It uses the standard formulas and shows its working, so you can verify every number. For big decisions, treat the result as a reliable estimate.
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