Payment Calculator

Calculate your mortgage payment for several payment frequencies (weekly, bi-weekly, semi-monthly and monthly). Discover how many years you will shorten your amortization.

1. Mortgage Amount: Info
2. Mortgage Interest Rate: Info
3. Amortization Period (years): Info
Frequency: Monthly: Semi-Monthly: Bi-Weekly: Weekly:
Payment:
Amortization:
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Current Mortgage Rates

Term Rate
Prime Rate (P) 7.20%
Closed Variable P – 0.90%
Open Variable P + 3.2%
6 Month Closed 7.29%
1 Year Closed 7.24%
2 Year Closed 6.84%
3 Year Closed 6.19%
4 Year Closed 5.74%
5 Year Closed 5.59%
7 Year Closed 5.95%
10 Year Closed 6.29%
As of August 26, 2023. Rates subject to change without notice, OAC, E&OE
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