Calculators / Mortgage Renewal Calculator
Mortgage Renewal Calculator
Renewing your mortgage? Compare your current monthly payment against a new offer to see how your payment — and your total interest cost — would change over the rest of your amortization. See our current best rates before you renew.
$
%
%
years
Monthly payment change at renewal
$0
Current monthly payment
$0
New monthly payment
$0
Interest over remaining amortization – current rate
$0
Interest over remaining amortization – new rate
$0
Lifetime interest difference
$0
Estimate only. Assumes your outstanding balance is renewed for a new term at the rate shown, amortized over the remaining period you enter, with monthly payments and semi-annual compounding (standard for Canadian fixed mortgages). Your lender's actual renewal offer may differ.