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From mortgages to retirement plans, our calculators allow you to estimate the value of a loan or deposit from just about every financial product you might need. Learn more about specific loan type ratesThis calculator assumes monthly payments occuring at the start of each month, no deferred payment periods, a constant interest rate for the duration of the loan and a fully amortised or interest only loan type. The basic formula for calculating your mortgage costs: P = A [R (1 + R)^T]/ [ (1 + R)^T – 1] P stands for your monthly payment. DTI is always calculated on a monthly basis. Opening hours: Mon-Fri 8am-6pm, Sat 9am-4pm, Sun Closed. These won't necessarily be. 003333 (0. The calculator shows the best rates available in your province, but you can also add a different rate. 5%. Use our free monthly payment calculator to find out your monthly mortgage payment. 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