Compare monthly, bi-weekly, accelerated bi-weekly, or weekly payment schedules using Canadian semi-annual compounding. For the primary Ontario payment, affordability, tax, stress-test and renewal tools, use the Ontario Mortgage Calculator.
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Buyers, renewers, switchers, refinancers, self-employed borrowers, and newcomers comparing real mortgage choices.
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This payment-frequency calculator focuses on principal and interest. Use the Ontario Mortgage Calculator for payment, affordability, tax, stress-test and renewal scenarios.
No. Canadian fixed mortgages generally use semi-annual compounding, which this calculator uses.