Alberta Mortgage Calculator 2021

WOWA Trusted and Transparent
New Mortgage
Renewal/Refinance
Home Price
Down Payment
%
=
Interest Rate
%
Term
5-Year
Amortization (Years)
Payment Frequency
Monthly
Bi-Weekly

You have chosen to make a down payment below 20%. You are required to purchase mortgage default insurance (CMHC insurance). This cost is included in the mortgage principal.

Calculated Monthly Payment
$1,9651.96k
Your CMHC Premium is $13,95014k

Your Land Transfer Tax is $280

Mortgage Costs Over 5-Year Term

Total Cost:$117,876
Principal$75,298
Interest$42,578
Modify your payment by selecting from top lenders:
Vous parlez français? Cliquez ici pour la version en français.
Hide Amortization Schedule
MonthPrincipalInterest
Apr, 2021
$450,000.00$1,214.60$750.00
May, 2021
$448,785.40$1,216.63$747.98
June, 2021
$447,568.77$1,218.65$745.95
July, 2021
$446,350.12$1,220.69$743.92
Aug, 2021
$445,129.43$1,222.72$741.88
Sept, 2021
$443,906.71$1,224.76$739.84
Oct, 2021
$442,681.96$1,226.80$737.80
Nov, 2021
$441,455.16$1,228.84$735.76
Dec, 2021
$440,226.31$1,230.89$733.71
Jan, 2022
$438,995.42$1,232.94$731.66
Feb, 2022
$437,762.48$1,235.00$729.60
Mar, 2022
$436,527.48$1,237.06$727.55
Download asCSV

Alberta Mortgage Calculator

Calculate your monthly mortgage payments and the amount of interest that you will pay using our Alberta mortgage calculator. This calculator uses the latest rates from mortgage lenders in Alberta, helping you to make better-informed decisions.

Looking for more resources and calculators for Alberta? Check out these pages to learn more about Alberta mortgage rates, taxes, government programs, and more.

Learn more about Alberta Mortgages

Other Resources for Alberta Homeowners