Finance

Canadian Mortgage Calculator

Canadian mortgage payments with semi-annual compounding, CMHC premiums, the minimum down payment and accelerated bi-weekly or weekly options.

get/api/calc/canadian-mortgage-calculator

Request

  • Base URL: https://calcbright.com
  • URL: https://calcbright.com/api/calc/canadian-mortgage-calculator
  • Auth: none declared

Query parameters

pricenumber

Home price

downnumber

Down payment (%) Minimum 5% of the first $500,000 and 10% of the rest; 20% from $1.5M.

ratenumber

Interest rate (fixed) (%) Compounded semi-annually, as Canadian law requires for fixed rates.

years'10' | '15' | '20' | '25' | '30'

Amortization

freq'monthly' | 'semi-monthly' | 'bi-weekly' | 'acc-bi-weekly' | 'weekly' | 'acc-weekly'

Payment frequency

buyer'other' | 'first'

First-time buyer or new build? Insured mortgages can be amortized over 30 years only for first-time buyers or newly built homes.

Response

Calculation result

okboolean
toolstring
namestring
urlstring

Open this link to see the full calculation

inputsobject
summarystring

Plain-text answer

detailsstring
resultobject
errorsobject

Changes

No recorded changes to this operation across all 1 revision of this API.