BC 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 $8,000

Mortgage Costs Over 5-Year Term

Total Cost:$117,876
Principal$75,298
Interest$42,578
Modify your payment by selecting from top lenders:
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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
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British Columbia Mortgage Calculator

Whether you’re getting a new mortgage or you’re renewing or refinancing your existing mortgage, use our British Columbia mortgage calculator to see how much your mortgage would cost.

There are other things to keep in mind when getting a mortgage besides your monthly mortgage payments. From BC property tax to incentives to real estate commissions, visit our resources below to find out more information on mortgages and homeownership in British Columbia.

Learn more about British Columbia Mortgages

Other Resources for BC Homeowners