Monthly payment, total interest and payoff schedule.
The Canadian Mortgage Calculator 2026 Excel models prepayments, rate scenarios and renewal strategies.
Get the Excel version →How is the payment calculated?
Standard amortization formula with the rate converted to the payment frequency.
Does it include property tax or insurance?
No β principal and interest only. Add tax/insurance/CMHC separately.
Bi-weekly vs monthly?
Bi-weekly means 26 payments a year β slightly faster payoff than 12 monthly payments.