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Mortgage Calculator
Designed for the Commercial and Residential Properties
Mortgage Payment Calculation
The mortgage payment calculation below applies to Canada, and it may apply to most other countries. The calculation is for reference only. Mortgage borrower is advised to check with his/her lender for the applicable mortgage payments.
Two methods of calculating the mortgage payments and presenting of mortgage data are provided in the calculator below. Each method uses a different set of input data in the calculation.
Method A uses the following input data: | |
| > | • Amount of House or Property • Amount of Down Payment • Annual Interest Rate • Ammortization Period or Length of Loan |
| Method B uses the following input data: | |
| > | • Principal Mortgage Amount or Loan Amount • Annual Interest Rate • Ammortization Period or Length of Loan |
| Programmer: MORRIS NG | ||||
| Mortgage Calculator | ||||
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