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Canadian Mortgage Payments
15 - 16¾%

Canadian Mortgages have special features defined by legislation. These tables are computed on the basis of nominal annual rates compounded semi annually. Please choose the page with the applicable annual rate:

How To Use:

  • You need a 20-year conventional mortgage of $100,000. Current market rate is 16½%. How much is the required monthly mortgage payment?
  • Find the column with interest rate of 16½% below.
  • Find the row for 20 year, the number inside the cell is 13.88244
  • The monthly payment is 100 × 13.88244 = $1388.24
Monthly Payments for $1000 Mortgage
YrsInterest Rate (% p.a.)
1515¼15½15¾1616¼16½16¾
190.0468990.1578090.2686790.3795290.4903390.6011190.7118590.82257
248.2739048.3854748.4970848.6087348.7204248.8321548.9439249.05573
334.4461734.5610734.6760834.7912034.9064335.0217635.1372135.25276
427.6040127.7228627.8418827.9610828.0804528.2000028.3197228.43960
523.5552423.6782323.8014623.9249224.0486224.1725624.2967224.42112
620.9022921.0294721.1569421.2847021.4127621.5411021.6697321.79865
719.0460719.1774019.3090819.4410919.5734619.7061619.8392019.97257
817.6869217.8223217.9581118.0943018.2308818.3678418.5051718.64289
916.6582416.7976116.9374217.0776617.2183317.3594117.5009217.64284
1015.8600416.0032616.1469416.2911016.4357116.5807816.7262916.87225
1515¼15½15¾1616¼16½16¾
1115.2286115.3755315.5229515.6708615.8192615.9681416.1174916.26731
1214.7214414.8719115.0229015.1744115.3264215.4789415.6319415.78543
1314.3090614.4629314.6173314.7722614.9277115.0836715.2401415.39710
1413.9704314.1275214.2851514.4433314.6020314.7612614.9209915.08122
1513.6900713.8502214.0109114.1721514.3339214.4962214.6590114.82231
1613.4564013.6194313.7830113.9471314.1117814.2769514.4426214.60878
1713.2605413.4262813.5925713.7593913.9267414.0945914.2629414.43176
1813.0955913.2638813.4327113.6020613.7719213.9422714.1131014.28440
1912.9561413.1268113.2980013.4697013.6419013.8145713.9877014.16128
2012.8378413.0107313.1841213.3580113.5323613.7071813.8824414.05811
1515¼15½15¾1616¼16½16¾
2112.7372112.9121513.0875913.2634913.4398513.6166413.7938513.97146
2212.6513912.8282413.0055713.1833413.3615313.5401413.7191413.89851
2312.5780512.7566712.9357413.1152213.2951113.4753813.6560213.83700
2412.5152812.6955312.8761913.0572513.2386913.4204813.6026113.78506
2512.4614612.6432112.8253413.0078513.1907013.3738813.5573713.74114
2612.4152612.5983812.7818712.9656913.1498313.3342713.5189913.70397
2712.3755612.5599412.7446512.9296813.1149913.3005813.4864113.67248
2812.3414012.5269412.7127812.8988913.0852713.2718913.4587313.64578
2912.3120012.4985912.6854512.8725513.0599013.2474513.4352013.62313
3012.2866812.4742212.6620012.8500113.0382213.2266213.4151913.60391
1515¼15½15¾1616¼16½16¾
3112.2648412.4532512.6418712.8307013.0196913.2088513.3981513.58758
3212.2460112.4352112.6245912.8141513.0038513.1936913.3836513.57371
3312.2297612.4196712.6097412.7999612.9903013.1807513.3713013.56193
3412.2157412.4062912.5969812.7877912.9787113.1697113.3607813.55191
3512.2036312.3947612.5860112.7773612.9687813.1602713.3518113.54339
3612.1931712.3848312.5765812.7684012.9602913.1522113.3441713.53615
3712.1841312.3762612.5684612.7607212.9530113.1453313.3376613.52999
3812.1763212.3688812.5614812.7541212.9467813.1394413.3321013.52474
3912.1695712.3625112.5554712.7484612.9414413.1344113.3273713.52028
4012.1637412.3570212.5503112.7435912.9368713.1301213.3233313.51649


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