Mortgage Payment Calculator

Use this calculator to compare your options and find the mortgage payment amount that best suits your needs.

This is usually the purchase price minus your down payment. Please enter a mortgage amount that is greater than $20,000.00 and less than $9,000,000.00.
Please select an interest rate.
The term must be a minimum of 6 months and a maximum of 10 years. The interest rate must be between 0% and 30%.
The repayment period must be a minimum of 1 year and a maximum of 30 years.
Please select a payment frequency.
Pay Off My Mortgage Quicker
Do you plan on making any lump-sum payments?
Please enter an amount for additional payments that is greater than $0.00 and less than the mortgage amount.
Protect Myself and My Home with TD Credit Protection
Add Mortgage Life Insurance?
years [-] Remove borrower

To be eligible for {{borrower.critical ? 'Critital Illness':'Life'}} insurance mortgage, the borrower must be {{borrower.critical ? '55':'69'}} years old or younger.

[+] Insure another borrower

My Payment Results

Mortgage amount Please enter a mortgage amount that is greater than $20,000.00 and less than $9,000,000.00.
Interest rate
Please select an interest rate.
Please select a term. The interest rate must be between 0% and 30%.
Amortization period
Payment frequency
Please select a payment frequency.
View amortization and term schedule
Balance after {{plan.rateView === "default" ? plan.mortgageTypeDefault.type : plan.mortgageTypeCustomer.type}} term
Total payments over term {{plan.pay.term.total | currency:'$':2}}
- Interest paid {{plan.pay.term.interest | currency:'$':2}}
= Principal paid {{plan.pay.term.principal | currency:'$':2}}

Includes additional payments

Balance at end of term {{plan.pay.balance | currency:'$':2}}
Pay Off My Mortgage Quicker
Do you plan on making any lump-sum payments?

Learn more about lump-sum payments >

Add Additional payments?
Please enter an amount for Additional Payment that is greater than $0.00 and less than the mortgage amount.
Protect Myself and My Home with TD Credit Protection
Add Mortgage Life Insurance?

Learn more about TD Credit Protection >

Add Mortgage Life Insurance?
years [-] Remove borrower

{{borrower.critical ? 'To be eligible for Critical Illness Insurance coverage, the borrower must be 55 years old or younger.' : 'To be eligible for Life insurance mortgage, the borrower must be between 18 and 69 years old.'}}

[+] Insure another borrower

TD Credit Protection cost
Mortgage Life Insurance

Borrower {{plan.insurance.borrower.length>1?$index+1:""}} {{plan.insurance.amount.lifeInsurance[$index] | currency:'$':2}} / {{plan.frequency.name}}

Mortgage Critical Illness Insurance

Borrower {{plan.insurance.borrower.length>1?$index+1:""}} {{plan.insurance.amount.criticalInsurance[$index] | currency:'$':2}} / {{plan.frequency.name}}

Delete this option

Principal Balance

Years