Mortgage penalty calculator

Estimate your mortgage break penalty Print

  • When did your current mortgage start?

  • What is your remaining mortgage balance?

    $
  • What is your current mortgage payment?

    $
  • How often do you make mortgage payments?

  • What was your original mortgage balance?

    $
  • Amortization period of your current mortgage?

  • Who is your current mortgage provider?

  • What was the original term of your mortgage?

  • What type of rate is it?

  • What is your existing mortgage rate?

    %
  • What rate discount did you receive on your
    existing mortgage?

    %
  • Which province are you located in?

Your estimated mortgage penalty is $ -


Show/Hide calculations
  • - %

    your existing mortgage rate
  • x
  • $ -

    outstanding mortgage balance
  • x
  • 3/12

  • =
  • $ -

    three month's interest penalty
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