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Calculate Your Mortgage Payments

How much will you pay each month?

Calculate now

Property price

Enter the property cost.

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Choose your downpayment amount.

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  • Single family dwellings, condos and duplexes:

    • Minimum downpayment of 5% on the portion of the purchase price less than or equal to $500,000
    • Minimum downpayment of 10% on the portion of the purchase price over $500,000

  • Triplexes and quadruplexes: Minimum downpayment of 10% for owner-occupied properties

  • For any property with a purchase price equal to or greater than $1,000,000: minimum downpayment of 20%

Repayment period

Choose your repayment period.


  • Downpayment of 20% or less: Repayment period cannot be longer than 25 years.

  • Downpayment of more than 20%: Repayment period cannot be longer than 30 years.

Interest rate

Enter the interest rate of your mortgage.

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$392.92 per month

Your mortgage loan amount will be:

  • $98,800

  • With insurance premium (CMHC/Genworth): $16.09

Your payments will be:

  • $418.37 per month

Two other payment options

  • $209.18 every two weeks

  • Savings: $2,924.85

  • Repayment period: 22 years, 7 months

  • $104.59 per week

  • Savings: $2,954.35

  • Repayment period: 22 years, 7 months

Request a pre-approval
Where do these savings come from?
When you opt for accelerated payments (weekly or bi-weekly), you end up making the equivalent of an extra monthly payment per year, which is applied directly to your mortgage principal. This means:
  • considerable interest savings
  • a shorter repayment period (amortization).
Would you like a concrete example of your potential savings? Calculate the Total amount paid for two identical scenarios with different repayment periods.

What are the advantages of a mortgage pre-approval? 

  • It shows the seller that you are a serious buyer and have the means to obtain a mortgage
  • Your rate is guaranteed for up to 90 days
  • It's practical: Simply apply online or have an advisor come meet you at your convenience
  • It's free, and comes with no obligation to take out a mortgage

Get the ball rolling—opt for a mortgage pre-approval today!

Request a pre-approval

Learn more about buying a home

Little details that matter

Legal Notice

? National Bank All-In-One is a registered trademark of National Bank of Canada.

Projections generated using this tool do not create any legal or contractual obligation for National Bank of Canada. These simulations are estimates based on assumptions. The calculation is based on a fixed-rate mortgage with a set rate throughout the amortization period, with interest compounded semi-annually and not in advance.

Please visit a National Bank branch to have an advisor review your situation and recommend an appropriate mortgage solution.

1. Clients may borrow up to 65% of the value of a property with a line of credit. The rest must be covered by a mortgage loan. For example, if a property is valued at $100,000 and the client has $20,000 for the downpayment (i.e., 20% of the value of the property, which is the minimum required), the client may be approved for an All-in-One of $80,000. However, the client may borrow a maximum of $65,000 of the $80,000 with a line of credit. The remainder will be covered by the mortgage loan portion.

2. Subject to credit approval by National Bank.

Ready to apply for a mortgage?

Apply online or have an advisor come meet you.

Make an appointment

Request a pre-approval

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