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Mortgage Calculator

eLoanCanada! an informed  choice  about  which  loan  is  best suited for you!
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Apply Your Loan Online Now! Loans Available to Canadian Residents & Businessmen!
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Mortgage Loan Calculator
Use this calculator to determine your monthly payment and amortization schedule.
 
Mortgage Qualifier
Can you buy your dream home? Find out just how much you can afford!
 
Rent vs. Buy
Are you better off buying your home, or should you continue to rent?
 
Refinance Interest Savings
Use this calculator to see how much interest you can save by refinancing your mortgage!
 
Mortgage Required Income
Use this calculator to determine how much income you need to qualify for a mortgage and how different interest rates affect your required income.
 
Maximum Mortgage
Use this calculator to determine your maximum a mortgage and how different interest rates affect your how much you can borrow.
Loan Amount $
Annual Int. Rate %
Term of Loan Years

No. of Payments
Monthly Payment $
Total Paid $
Interest Paid $
Monthly vs Semi-annually Mortgage Calculator
Monthly mortgage payments are calculated two ways either compounded semi-annually or monthly. In Canada principal of mortgage, Interest and Term is based on compounded semi-annually. If you want to know the difference in calculation then click here. Example of the mortgage calculator for UK is shown with the Canadian calculator because UK mortgages are compounded monthly.
Calculate your monthly payments
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:: Diffrence Between Two Methods of Calculation
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