This calculator calculates U.S. and Canadian monthly mortgage payments based
on principal, interest and term. U.S. mortgages are compounded monthly while
Canadian mortgages are compounded semi-annually.

Amortization(Years) =
Term (Years) =
Yearly Interest Rate (%) =
Principal Amount ($) =
Downpayment (%) =
Downpayment Required ($) =
Mortgage Principal ($) =
Monthly Payment ($) =
Still Owing at End of Term ($) =
Meridian Financial Services
Mortgage Brokerage is one of those truly rare situations in life where it is WIN/WIN for everyone involved.

Meridian
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Rentals

Toll Free: 1.888.KELOWNA
- (1.888.535.6962)
Tel: 1.250.860.7500  •  Fax: 1.250.868.2488
#14-1470 Harvey, Kelowna B.C., V1Y 9K8
email: Horizon@coldwellbanker.ca