Mortgage · Canada
Amortization schedule.
See the principal and interest breakdown of every payment over the life of your mortgage, with Canadian semi-annual compounding.
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Schedule
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How amortization works
Each payment is split between interest (calculated on the remaining balance) and principal (which reduces the balance). Early on, most of the payment goes to interest; over time, more goes to principal.
Canadian mortgages compound semi-annually, not in advance. The schedule below uses that convention.
Disclaimer
Estimates for educational purposes only. Actual schedules from your lender may vary slightly due to rounding and payment timing.