Mortgage Calculator
Calculate your monthly payments, see your full amortization schedule, and estimate CMHC insurance — all in one place.
Your Mortgage Details
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Payment Summary
Monthly Payment
$2,318
Mortgage Amount
$400,000
Total Interest
$295,400
Total Cost
$695,400
Land Transfer Tax
Provincial LTT
$0
Note
Alberta has no land transfer tax — only a title transfer fee (~$500).
Estimated Closing Costs
| Down Payment | $100,000 |
| CMHC Insurance | $0 |
| Land Transfer Tax | $0 |
| Title Insurance (~$300) | $300 |
| Home Inspection (~$500) | $500 |
| Legal Fees (~$1,500) | $1,500 |
| Total Cash Needed | $102,300 |
Amortization Schedule
| Year | Payment | Principal | Interest | Balance |
|---|
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