Mortgage Calculator

The Mortgage Calculator

The Mortgage Pay Calculator by Amy & Ally allows Real Estate Investors and Real Estate Buyers in Vancouver and across Canada to accurately calculate how much they will need to pay each month depending on a number of factors such as:

• The total mortgage amount
• The number of years of amortization
• The frequency of the payments (monthly, semi-monthly, bi-weekly, or weekly)
• The interest rate that you have secured with your mortgage broker

The benefit of the Amy & Ally Mortgage Calculator is that it allows Real Estate Investors in Vancouver and across Canada to see four different data points within the chart:

• The balance remaining over time, charted out by years
• The total amount you would have paid, charted out by years
• The principal amount you would have paid, charted out by years
• The interest amount you would have paid, charted out by years

Amortization Period

One benefit of using the Vancouver mortgage calculator is that you are able to view different amortization periods, depending on how long of a mortgage you wish to pursue. Our tool allows for a maximum amortization period of 35 years. The mortgage calculator will automatically adjust all of the lines on the graph according to how long your mortgage is.

Why This Mortgage Calculator is Valuable

At Amy & Ally from Engel & Völkers Vancouver, we always recommend that our clients stay one step ahead by planning their finances. This mortgage pay calculator will allow you to understand how much you should budget for in the future. Whether you are paying weekly, bi-weekly, monthly, or semi-monthly, this tool will break down how much you should budget for each payment period so that you can stay liable to and prepared for your mortgage payments.