CMLS | Canada's Mortgage Company
Mortgage Amount
$ 
Amortization
 years
Fixed Rate Mortgage Rate
Current Prime Rate
Current Discount from Prime

Prime Rate Increase/Decrease

Year 1
Month 1
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12
Year 2
Month 1
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12
Year 3
Month 1
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12
Year 4
Month 1
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12
Year 5
Month 1
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12
Years
1
2
3
4
5
Month 1
Month 2
Month 3
Month 4
Month 5
Month 6
Month 7
Month 8
Month 9
Month 10
Month 11
Month 12

For Increase in prime enter rate without a minus; for example 25 basis point increase would be entered as 0.25

For Decrease in prime enter rate without a minus; for example 25 basis point increase would be entered as -0.25

Fixed Rate Information

Interest Rate
Amortization
 years
Monthly Payment Amount 
$ 
Mortgage Amount
$ 

Variable Rate Information

Current Interest Rate
Amortization
 years
Monthly Payment Amount 
$ 
Mortgage Amount
$ 
Current Prime Lending Rate
Current Variable Rate Discount

5 Year Fixed

Year 1
Mortgage Balance
$ 
Mortgage Interest
$ 
Year 2
Mortgage Balance
$ 
Mortgage Interest
$ 
Year 3
Mortgage Balance
$ 
Mortgage Interest
$ 
Year 4
Mortgage Balance
$ 
Mortgage Interest
$ 
Year 5
Mortgage Balance
$ 
Mortgage Interest
$ 
Year
Fixed Mortgage Balance
Fixed Mortgage Interest
1
$ 
$ 
2
$ 
$ 
3
$ 
$ 
4
$ 
$ 
5
$ 
$ 

5 Year Variable

Year 1
Mortgage Balance
$ 
Mortgage Interest
$ 
Year 2
Mortgage Balance
$ 
Mortgage Interest
$ 
Year 3
Mortgage Balance
$ 
Mortgage Interest
$ 
Year 4
Mortgage Balance
$ 
Mortgage Interest
$ 
Year 5
Mortgage Balance
$ 
Mortgage Interest
$ 
Year
Variable Mortgage Balance
Variable Mortgage Interest
1
$ 
$ 
2
$ 
$ 
3
$ 
$ 
4
$ 
$ 
5
$ 
$ 

Fixed Rate

Total Monthly Payments
$ 
Savings in Interest
$ 
Mortgage Amount
$ 

Variable Rate

Total Monthly Payments
$ 
Savings in Interest
$ 
Mortgage Amount
$ 
This calculator is for estimation purposes only, final values will be provided by CMLS.