Mortgage Balance Calculator
Calculate your mortgage payment. Create an amortization schedule. Discover what you will owe in 5 years.
Information is provided for sample purposes only. Its accuracy is not guaranteed. Information should be verified and should not be relied upon as legal, financial, or other advice. |

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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