Mortgage Calculator

Loan Details

Purchase Price

$800,000.00

Down Payment

$55,000.00

Loan Principal

$745,000.00

Interest Rate

4.20%

Amortization

30 years

Payment Information

Payment Frequency

monthly

Payment Amount

$3,772.51

Monthly Payment

$3,772.51

Total Payments

360

Total Interest

$583,305.15

Additional Costs

Mortgage Insurance

$29,800.00

Land Transfer Tax

$12,475.00

Total Fees

$17,659.00

Cash Needed Upfront

$72,659.00

Amortization Schedule

Monthly Payment Breakdown Over Time

Bank of Canada Interest Rates