The Mortgage Affordability Calculator helps you to determine how much you can borrow. The Mortgage Payment Calculator estimates the amount of a mortgage payment and generates an amortization schedule for payments. The Mortgage Comparison Calculator establishes which mortgage product is right for you.
In these calculations we assume the following:
the interest rate is the same for the entire amortization period;
interest is compounded semi-annually, not in advance; and
the payment schedule you selected is maintainted with no additional payments or skipped payments, unless selected by you.