Mortgage Calculator

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Calculate the cost of yourmortgage payments. Fill in the information below and click Compute Mortgage to show the amount of each installment and the balance after various intervals of time (at the same interest rate).

This is for your information only. Contact your bank or mortgage broker for more accurate information.

Length of Term:	- choose term - 6 Months 1 Year 2 Years 3 Years 5 Years 7 Years 10 Years
Frequency of Payments:	- choose frequency - Monthly Semi-Monthly Bi-Weekly Weekly
Amortization Period:	Years
Amount of Mortgage:	(e.g., 350,000)
Interest Rate:	(e.g., 5.5)

Compute Payment & Balance Summary

Your Results

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Amount of Each Mortgage Payment:
Balance After 1 Year:
Balance After 2 Years:
Balance After 3 Years:
Balance After 5 Years:
Balance After 10 Years:

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