Sale Price of Home:

(dollars)

Percentage Down:

%

Mortgage Interest Rate:   

%

Length of Mortgage:

years

Assessed Home Value:

(dollars)
The assessed value is used to compute property taxes. On average, properties are assessed at about 85% of their selling price. If you know the actual assessed value for this property, enter it here. If not, leave zero and we'll use 85% of the sale price.

Property Tax Rate:

(dollars per $1000)
This rate will change depending on your province and municipality.

Condo/Monthly Fee(s):

(dollars)

Explain Calculations:

Show the calculations and amortization
 

This mortgage calculator can be used to figure out monthly payments of a home mortgage loan. This calculator automatically factors in PMI for loans where less than 20% is put as a down payment. Also taken into consideration are the town property taxes based on the mortgaged property's assessed valued.