Pay Your Mortgage Down Faster

Use the Mortgage Payment Calculator to find out how much you can save by changing your payment frequency or making extra payments. Simply enter your mortgage details below and start saving today.

Mortgage Information

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$0
$1,000,000
 
 
 
 

Extra Payments

Your mortgage payment
is .

Amortization Schedule

Mortgage
Amount
Amortization in Years Monthly

See how much you can save by making extra payments

Your extra payments saved you off your mortgage and years off your amortization.


Just call one of our specialists anytime and they can assist you with any questions.
1 year fixed closed
2 year fixed closed
3 year fixed closed
4 year fixed closed
5 year fixed closed
7 year fixed closed
10 year fixed closed
5 year variable closed
5 years
10 years
15 years
20 years
25 years
30 years
Monthly
Semi-Monthly
Bi-Weekly
Weekly
Accelerated Bi-Weekly
Accelerated Weekly
  
 
 

Payment Frequency Table

 

The Mortgage Payment Calculator is for demonstration purposes only and is not part of the application process. Payment amounts are based on the
information you provide and may not be as illustrated. Calculation assumes a fixed mortgage rate. Actual mortgage rates may fluctuate and are
subject to change at any time without notice. The maximum amortization for an insured Mortgage is 25 years. Copyright © CIBC.