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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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Down payment

Choose your down payment amount.

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  • Single family dwellings, condos and duplexes:

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

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

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

Repayment period

Choose your repayment period.


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

  • Down payment 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/SagenTM *): $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

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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 Two other payment options for two identical scenarios with different repayment periods.

How to pay off your mortgage faster without surplus cash?

It's simple! Use the points from your Rewards Plan® credit card to make a payment1 on the capital portion of your All-In-OneTM Home Equity line of credit or your National Bank Mortgage2

For more information and tips, check out our Mortgage Repayment section.

From dreaming to realizing your home projects

Mortgage loan

Opt for a minimum down payment of 5% and choose a fixed or variable rate, or a customized loan for more flexibility3.

See mortgage loans

Home Equity line of credit

Buy your home with a minimum down payment of 20% using the All-In-OneTM and use your repaid capital to fund new projects3.

See the All-In-OneTM

Little details that matter

Legal Disclaimers

® 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 down payment (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.

3. Subject to credit approval by National Bank of Canada. Certain conditions apply.

* Formerly known as Genworth. TMSagen is a trademark of Genworth Financial Canada, the mortgage insurance company

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