Mortgage Calculator using 
either the Canadian or U.S. Formula

This calculator calculates U.S. and Canadian monthly mortgage payments based on principal, interest and term. U.S. mortgages are compounded monthly while Canadian mortgages are compounded semi-annually.
Amortization (Years) =
Term (Years) =
Yearly Interest Rate (%) =
Principal Amount ($) =
Down payment (%) =
Downpayment Required ($) =
Mortgage Principal ($) =
Monthly Payment ($) =
Still Owing at End of Term ($) =

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Buyer's Benchmark Realty
10035 Sliding Hill Road, Suite 206
Richmond, VA . 23005
(804) 550-0574 or 1-800-825-2002
Fax :(804) 550-1378
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Paul Tarbox, Broker

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