Pragmatic Mortgage | We're the mortgage company that doesn't want you to have a mortgage.

Mortgage balance

Outstanding principal or new mortgage amount.

Interest rate

Nominal annual rate expressed as a percentage.

Amortization (years)

Amortization (months)

Term (years)

Term (months)

Payment frequency

Choose the cadence that matches your repayment schedule.

Compounding

Canada uses semi-annual compounding for fixed-rate mortgages.

Amortization Calculator