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Payment
Welcome! Use this calculator to determine your mortgage payments.
Mortgage information
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Your monthly mortgage payment will be approximately .1
Mortgage summary
| - | |
| Mortgage amount | - |
| Amortization | - |
| Product and term | - |
| Interest rate | - |
| Payment/frequency | - |
| Term summary |
| Total interest paid | - |
| Total of all payments | - |
| Principal balance at term maturity | - |
| Amortization summary |
| Total interest paid | - |
| Total of all payments | - |
Payment options
| Monthly |
| Amount | |
| Amortization | |
| Term interest cost | |
| Amortization interest cost | |
| Amortization interest savings |
| Semi-Monthly |
| Amount | |
| Amortization | |
| Term interest cost | |
| Amortization interest cost | |
| Amortization interest savings |
| Accelerated Bi-Weekly |
| Amount | |
| Amortization | |
| Term interest cost | |
| Amortization interest cost | |
| Amortization interest savings |
| Accelerated Weekly |
| Amount | |
| Amortization | |
| Term interest cost | |
| Amortization interest cost | |
| Amortization interest savings |
Payment options
| Frequency | Amount | Amortization | Term interest cost | Amortization interest cost | Amortization interest savings |
| Monthly | |||||
| Semi-Monthly | |||||
| Accel. Bi-Weekly | |||||
| Accel. Weekly |
Amortization schedule
This illustrates the total amortization of the selected mortgage options.2
2 This assumes your payment schedule and interest rate remain consistent for the full amortization of the mortgage.
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Prepayments
Here are the total prepayments selected for each scenario.
| Start | End | Amount | |
| Annual prepayment | One-time prepayment |
| Total prepayment |
Talk to us
Selecting the right mortgage solution that fits your needs is a key component of your financial plan. One of our Mortgage Planning Specialists will work with you to sort through the various mortgage solutions, helping ensure you find the best one for your specific situation.
NOTE: For the Variable Rate Mortgage product, the interest payable is based on the contract rate linked to Our Prime mortgage rate which is subject to change at any time. The mortgage payment amount will be based on the 36 month fixed posted rate at the time of funding. For clients interested in a variable rate product with a payment amount based on Our Prime Rate (subject to fluctuation), select the Adjustable Rate Adjustable Payment product.
1 The results shown are for illustrative purposes only and do not guarantee future results. This illustration does not create any legal or contractual obligations for Investors Group. Mortgage rates, prepayment charges and conditions are subject to change without notice. For Investors Group's complete set of mortgage rates, visit www.investorsgroupmortgagerates.com.
Investors Group Trust Co. Ltd. is a federally regulated trust company and is the mortgagee. Mortgages are offered through I.G. Investment Management, Ltd.* Inquiries will be referred to a Mortgage Planning Specialist (in Ontario, a Mortgage Agent, and in Quebec, a Mortgage Broker).
*In NB & ON, registered as a Mortgage Brokerage (ON-License #10809) and Mortgage Administrator (ON-License #11256), and in QC, registered as a Mortgage Agency (QC-License #H1336).