Alexander Radojcic

is here to help you!

Mortgage Agent - Level 2

Licence # M21001839

I negotiate with 65+ lenders to find the best mortgage rates in Ontario made just for you.

9056581079

alexander.radojcic@8twelve.mortgage

https://alexander-radojcic.8twelvemortgage.ca

Mortgage Payment Calculator

Whether you're looking to purchase your first home, renew your mortgage, planning a renovation or performing debt consolidation, it all begins with forming a plan based around your financial goals.

Mortgage Details

Mortgage Summary

Estimated Payment

The following items show your expected payment schedule over the full amortization period.

$2,698

Monthly Payment

Principal & Interest

$2,617

Mortgage Insurance

$81

Mortgage details

Home Price

$500,000

Interest Rate

Down Payment

$50,000 (10%)

Mortgage Term

5 Years

Total Loan Cost

$809,507

Amortization Period

25 Years

Loan Amount

$463,950

Payment Frequency

Monthly

Total Interest Cost

$345,557

No. of Payments

300

Principal
Interest

Payments Breakdown

Year

Total Payment

Principal Paid

Interest Paid

Balance

Actions

2025

$32380.28

$9637.43

$22742.84

$454312.57

Total	Principal	Interest	Balance
$2698.36	$785.07	$1913.29	$463164.93
$2698.36	$788.30	$1910.05	$462376.63
$2698.36	$791.55	$1906.80	$461585.08
$2698.36	$794.82	$1903.54	$460790.26
$2698.36	$798.10	$1900.26	$459992.16
$2698.36	$801.39	$1896.97	$459190.77
$2698.36	$804.69	$1893.66	$458386.08
$2698.36	$808.01	$1890.35	$457578.07
$2698.36	$811.34	$1887.01	$456766.73
$2698.36	$814.69	$1883.67	$455952.04
$2698.36	$818.05	$1880.31	$455133.99
$2698.36	$821.42	$1876.93	$454312.57

2026

$32380.28

$10125.33

$22254.95

$444187.24

Total	Principal	Interest	Balance
$2698.36	$824.81	$1873.55	$453487.76
$2698.36	$828.21	$1870.15	$452659.55
$2698.36	$831.63	$1866.73	$451827.92
$2698.36	$835.06	$1863.30	$450992.86
$2698.36	$838.50	$1859.86	$450154.36
$2698.36	$841.96	$1856.40	$449312.41
$2698.36	$845.43	$1852.93	$448466.98
$2698.36	$848.92	$1849.44	$447618.06
$2698.36	$852.42	$1845.94	$446765.64
$2698.36	$855.93	$1842.42	$445909.71
$2698.36	$859.46	$1838.89	$445050.25
$2698.36	$863.01	$1835.35	$444187.24

2027

$32380.28

$10637.92

$21742.35

$433549.32

Total	Principal	Interest	Balance
$2698.36	$866.57	$1831.79	$443320.68
$2698.36	$870.14	$1828.22	$442450.54
$2698.36	$873.73	$1824.63	$441576.81
$2698.36	$877.33	$1821.03	$440699.48
$2698.36	$880.95	$1817.41	$439818.53
$2698.36	$884.58	$1813.77	$438933.95
$2698.36	$888.23	$1810.13	$438045.72
$2698.36	$891.89	$1806.46	$437153.82
$2698.36	$895.57	$1802.79	$436258.25
$2698.36	$899.26	$1799.09	$435358.99
$2698.36	$902.97	$1795.38	$434456.02
$2698.36	$906.70	$1791.66	$433549.32

2028

$32380.28

$11176.47

$21203.81

$422372.85

Total	Principal	Interest	Balance
$2698.36	$910.44	$1787.92	$432638.88
$2698.36	$914.19	$1784.17	$431724.69
$2698.36	$917.96	$1780.40	$430806.73
$2698.36	$921.75	$1776.61	$429884.99
$2698.36	$925.55	$1772.81	$428959.44
$2698.36	$929.36	$1768.99	$428030.08
$2698.36	$933.20	$1765.16	$427096.88
$2698.36	$937.04	$1761.31	$426159.84
$2698.36	$940.91	$1757.45	$425218.93
$2698.36	$944.79	$1753.57	$424274.14
$2698.36	$948.69	$1749.67	$423325.45
$2698.36	$952.60	$1745.76	$422372.85

2029

$32380.28

$11742.27

$20638.00

$410630.58

Total	Principal	Interest	Balance
$2698.36	$956.53	$1741.83	$421416.33
$2698.36	$960.47	$1737.89	$420455.86
$2698.36	$964.43	$1733.92	$419491.42
$2698.36	$968.41	$1729.95	$418523.02
$2698.36	$972.40	$1725.95	$417550.61
$2698.36	$976.41	$1721.94	$416574.20
$2698.36	$980.44	$1717.92	$415593.76
$2698.36	$984.48	$1713.87	$414609.28
$2698.36	$988.54	$1709.81	$413620.74
$2698.36	$992.62	$1705.74	$412628.12
$2698.36	$996.71	$1701.64	$411631.40
$2698.36	$1000.82	$1697.53	$410630.58

Term Total

$161901.38

$53319.42

$108581.96

$410630.58

The line above displays the totals at the end of your mortgage term. At this time, you will renew your mortgage and choose among the rates that are available. The following analysis assumes you will lock in the same rate for the remainder of the amortization period, which may not be possible.

2030

$32380.28

$12336.73

$20043.55

$398293.85

Total	Principal	Interest	Balance
$2698.36	$1004.95	$1693.41	$409625.63
$2698.36	$1009.09	$1689.26	$408616.53
$2698.36	$1013.26	$1685.10	$407603.28
$2698.36	$1017.43	$1680.92	$406585.84
$2698.36	$1021.63	$1676.73	$405564.21
$2698.36	$1025.84	$1672.51	$404538.37
$2698.36	$1030.07	$1668.28	$403508.29
$2698.36	$1034.32	$1664.03	$402473.97
$2698.36	$1038.59	$1659.77	$401435.38
$2698.36	$1042.87	$1655.49	$400392.51
$2698.36	$1047.17	$1651.18	$399345.34
$2698.36	$1051.49	$1646.87	$398293.85

2031

$32380.28

$12961.27

$19419.00

$385332.58

Total	Principal	Interest	Balance
$2698.36	$1055.83	$1642.53	$397238.03
$2698.36	$1060.18	$1638.18	$396177.85
$2698.36	$1064.55	$1633.80	$395113.29
$2698.36	$1068.94	$1629.41	$394044.35
$2698.36	$1073.35	$1625.01	$392971.00
$2698.36	$1077.78	$1620.58	$391893.22
$2698.36	$1082.22	$1616.13	$390811.00
$2698.36	$1086.68	$1611.67	$389724.32
$2698.36	$1091.17	$1607.19	$388633.15
$2698.36	$1095.67	$1602.69	$387537.48
$2698.36	$1100.18	$1598.17	$386437.30
$2698.36	$1104.72	$1593.63	$385332.58

2032

$32380.28

$13617.44

$18762.84

$371715.14

Total	Principal	Interest	Balance
$2698.36	$1109.28	$1589.08	$384223.30
$2698.36	$1113.85	$1584.50	$383109.45
$2698.36	$1118.45	$1579.91	$381991.00
$2698.36	$1123.06	$1575.30	$380867.95
$2698.36	$1127.69	$1570.67	$379740.26
$2698.36	$1132.34	$1566.02	$378607.92
$2698.36	$1137.01	$1561.35	$377470.91
$2698.36	$1141.70	$1556.66	$376329.21
$2698.36	$1146.41	$1551.95	$375182.80
$2698.36	$1151.13	$1547.22	$374031.67
$2698.36	$1155.88	$1542.47	$372875.79
$2698.36	$1160.65	$1537.71	$371715.14

2033

$32380.28

$14306.82

$18073.45

$357408.32

Total	Principal	Interest	Balance
$2698.36	$1165.43	$1532.92	$370549.71
$2698.36	$1170.24	$1528.12	$369379.46
$2698.36	$1175.07	$1523.29	$368204.40
$2698.36	$1179.91	$1518.44	$367024.49
$2698.36	$1184.78	$1513.58	$365839.71
$2698.36	$1189.66	$1508.69	$364650.04
$2698.36	$1194.57	$1503.79	$363455.47
$2698.36	$1199.50	$1498.86	$362255.98
$2698.36	$1204.44	$1493.91	$361051.53
$2698.36	$1209.41	$1488.95	$359842.12
$2698.36	$1214.40	$1483.96	$358627.72
$2698.36	$1219.41	$1478.95	$357408.32

2034

$32380.28

$15031.10

$17349.17

$342377.21

Total	Principal	Interest	Balance
$2698.36	$1224.43	$1473.92	$356183.88
$2698.36	$1229.48	$1468.87	$354954.40
$2698.36	$1234.55	$1463.80	$353719.84
$2698.36	$1239.65	$1458.71	$352480.20
$2698.36	$1244.76	$1453.60	$351235.44
$2698.36	$1249.89	$1448.47	$349985.55
$2698.36	$1255.05	$1443.31	$348730.50
$2698.36	$1260.22	$1438.14	$347470.28
$2698.36	$1265.42	$1432.94	$346204.87
$2698.36	$1270.64	$1427.72	$344934.23
$2698.36	$1275.88	$1422.48	$343658.35
$2698.36	$1281.14	$1417.22	$342377.21

2035

$32380.28

$15792.05

$16588.22

$326585.16

Total	Principal	Interest	Balance
$2698.36	$1286.42	$1411.93	$341090.79
$2698.36	$1291.73	$1406.63	$339799.07
$2698.36	$1297.05	$1401.30	$338502.01
$2698.36	$1302.40	$1395.95	$337199.61
$2698.36	$1307.77	$1390.58	$335891.84
$2698.36	$1313.17	$1385.19	$334578.67
$2698.36	$1318.58	$1379.77	$333260.09
$2698.36	$1324.02	$1374.34	$331936.07
$2698.36	$1329.48	$1368.88	$330606.59
$2698.36	$1334.96	$1363.39	$329271.62
$2698.36	$1340.47	$1357.89	$327931.16
$2698.36	$1346.00	$1352.36	$326585.16

2036

$32380.28

$16591.53

$15788.75

$309993.63

Total	Principal	Interest	Balance
$2698.36	$1351.55	$1346.81	$325233.61
$2698.36	$1357.12	$1341.24	$323876.49
$2698.36	$1362.72	$1335.64	$322513.78
$2698.36	$1368.34	$1330.02	$321145.44
$2698.36	$1373.98	$1324.38	$319771.46
$2698.36	$1379.65	$1318.71	$318391.81
$2698.36	$1385.34	$1313.02	$317006.48
$2698.36	$1391.05	$1307.31	$315615.43
$2698.36	$1396.78	$1301.57	$314218.64
$2698.36	$1402.55	$1295.81	$312816.10
$2698.36	$1408.33	$1290.03	$311407.77
$2698.36	$1414.14	$1284.22	$309993.63

2037

$32380.28

$17431.47

$14948.80

$292562.16

Total	Principal	Interest	Balance
$2698.36	$1419.97	$1278.39	$308573.66
$2698.36	$1425.82	$1272.53	$307147.84
$2698.36	$1431.70	$1266.65	$305716.14
$2698.36	$1437.61	$1260.75	$304278.53
$2698.36	$1443.54	$1254.82	$302834.99
$2698.36	$1449.49	$1248.87	$301385.50
$2698.36	$1455.47	$1242.89	$299930.03
$2698.36	$1461.47	$1236.89	$298468.56
$2698.36	$1467.50	$1230.86	$297001.06
$2698.36	$1473.55	$1224.81	$295527.51
$2698.36	$1479.63	$1218.73	$294047.89
$2698.36	$1485.73	$1212.63	$292562.16

2038

$32380.28

$18313.94

$14066.33

$274248.22

Total	Principal	Interest	Balance
$2698.36	$1491.85	$1206.50	$291070.31
$2698.36	$1498.01	$1200.35	$289572.30
$2698.36	$1504.18	$1194.17	$288068.11
$2698.36	$1510.39	$1187.97	$286557.73
$2698.36	$1516.62	$1181.74	$285041.11
$2698.36	$1522.87	$1175.49	$283518.24
$2698.36	$1529.15	$1169.21	$281989.09
$2698.36	$1535.46	$1162.90	$280453.63
$2698.36	$1541.79	$1156.57	$278911.84
$2698.36	$1548.15	$1150.21	$277363.69
$2698.36	$1554.53	$1143.82	$275809.16
$2698.36	$1560.94	$1137.41	$274248.22

2039

$32380.28

$19241.08

$13139.19

$255007.13

Total	Principal	Interest	Balance
$2698.36	$1567.38	$1130.98	$272680.84
$2698.36	$1573.84	$1124.51	$271107.00
$2698.36	$1580.33	$1118.02	$269526.66
$2698.36	$1586.85	$1111.51	$267939.81
$2698.36	$1593.40	$1104.96	$266346.42
$2698.36	$1599.97	$1098.39	$264746.45
$2698.36	$1606.56	$1091.79	$263139.88
$2698.36	$1613.19	$1085.17	$261526.70
$2698.36	$1619.84	$1078.51	$259906.85
$2698.36	$1626.52	$1071.83	$258280.33
$2698.36	$1633.23	$1065.13	$256647.10
$2698.36	$1639.97	$1058.39	$255007.13

2040

$32380.28

$20215.16

$12165.11

$234791.97

Total	Principal	Interest	Balance
$2698.36	$1646.73	$1051.63	$253360.41
$2698.36	$1653.52	$1044.84	$251706.89
$2698.36	$1660.34	$1038.02	$250046.55
$2698.36	$1667.19	$1031.17	$248379.36
$2698.36	$1674.06	$1024.30	$246705.30
$2698.36	$1680.96	$1017.39	$245024.34
$2698.36	$1687.90	$1010.46	$243336.44
$2698.36	$1694.86	$1003.50	$241641.58
$2698.36	$1701.85	$996.51	$239939.74
$2698.36	$1708.87	$989.49	$238230.87
$2698.36	$1715.91	$982.44	$236514.96
$2698.36	$1722.99	$975.37	$234791.97

2041

$32380.28

$21238.56

$11141.72

$213553.41

Total	Principal	Interest	Balance
$2698.36	$1730.09	$968.26	$233061.88
$2698.36	$1737.23	$961.13	$231324.65
$2698.36	$1744.39	$953.96	$229580.25
$2698.36	$1751.59	$946.77	$227828.67
$2698.36	$1758.81	$939.55	$226069.86
$2698.36	$1766.06	$932.29	$224303.79
$2698.36	$1773.35	$925.01	$222530.45
$2698.36	$1780.66	$917.70	$220749.79
$2698.36	$1788.00	$910.35	$218961.79
$2698.36	$1795.38	$902.98	$217166.41
$2698.36	$1802.78	$895.58	$215363.63
$2698.36	$1810.21	$888.14	$213553.41

2042

$32380.28

$22313.76

$10066.52

$191239.66

Total	Principal	Interest	Balance
$2698.36	$1817.68	$880.68	$211735.73
$2698.36	$1825.18	$873.18	$209910.56
$2698.36	$1832.70	$865.65	$208077.85
$2698.36	$1840.26	$858.10	$206237.59
$2698.36	$1847.85	$850.51	$204389.74
$2698.36	$1855.47	$842.89	$202534.27
$2698.36	$1863.12	$835.23	$200671.15
$2698.36	$1870.81	$827.55	$198800.35
$2698.36	$1878.52	$819.84	$196921.83
$2698.36	$1886.27	$812.09	$195035.56
$2698.36	$1894.05	$804.31	$193141.51
$2698.36	$1901.86	$796.50	$191239.66

2043

$32380.28

$23443.39

$8936.88

$167796.26

Total	Principal	Interest	Balance
$2698.36	$1909.70	$788.66	$189329.95
$2698.36	$1917.58	$780.78	$187412.38
$2698.36	$1925.48	$772.87	$185486.90
$2698.36	$1933.42	$764.93	$183553.47
$2698.36	$1941.40	$756.96	$181612.07
$2698.36	$1949.40	$748.95	$179662.67
$2698.36	$1957.44	$740.91	$177705.23
$2698.36	$1965.51	$732.84	$175739.71
$2698.36	$1973.62	$724.74	$173766.09
$2698.36	$1981.76	$716.60	$171784.33
$2698.36	$1989.93	$708.42	$169794.40
$2698.36	$1998.14	$700.22	$167796.26

2044

$32380.28

$24630.21

$7750.06

$143166.05

Total	Principal	Interest	Balance
$2698.36	$2006.38	$691.98	$165789.88
$2698.36	$2014.65	$683.70	$163775.23
$2698.36	$2022.96	$675.40	$161752.27
$2698.36	$2031.30	$667.05	$159720.97
$2698.36	$2039.68	$658.68	$157681.29
$2698.36	$2048.09	$650.26	$155633.19
$2698.36	$2056.54	$641.82	$153576.65
$2698.36	$2065.02	$633.34	$151511.64
$2698.36	$2073.54	$624.82	$149438.10
$2698.36	$2082.09	$616.27	$147356.01
$2698.36	$2090.67	$607.68	$145265.34
$2698.36	$2099.29	$599.06	$143166.05

2045

$32380.28

$25877.12

$6503.16

$117288.93

Total	Principal	Interest	Balance
$2698.36	$2107.95	$590.40	$141058.10
$2698.36	$2116.64	$581.71	$138941.45
$2698.36	$2125.37	$572.98	$136816.08
$2698.36	$2134.14	$564.22	$134681.94
$2698.36	$2142.94	$555.42	$132539.00
$2698.36	$2151.78	$546.58	$130387.22
$2698.36	$2160.65	$537.71	$128226.57
$2698.36	$2169.56	$528.80	$126057.01
$2698.36	$2178.51	$519.85	$123878.50
$2698.36	$2187.49	$510.86	$121691.01
$2698.36	$2196.51	$501.84	$119494.50
$2698.36	$2205.57	$492.79	$117288.93

2046

$32380.28

$27187.15

$5193.13

$90101.78

Total	Principal	Interest	Balance
$2698.36	$2214.67	$483.69	$115074.26
$2698.36	$2223.80	$474.56	$112850.46
$2698.36	$2232.97	$465.39	$110617.49
$2698.36	$2242.18	$456.18	$108375.31
$2698.36	$2251.43	$446.93	$106123.89
$2698.36	$2260.71	$437.65	$103863.18
$2698.36	$2270.03	$428.32	$101593.14
$2698.36	$2279.39	$418.96	$99313.75
$2698.36	$2288.79	$409.56	$97024.95
$2698.36	$2298.23	$400.12	$94726.72
$2698.36	$2307.71	$390.64	$92419.01
$2698.36	$2317.23	$381.13	$90101.78

2047

$32380.28

$28563.50

$3816.78

$61538.28

Total	Principal	Interest	Balance
$2698.36	$2326.78	$371.57	$87775.00
$2698.36	$2336.38	$361.98	$85438.62
$2698.36	$2346.01	$352.34	$83092.60
$2698.36	$2355.69	$342.67	$80736.91
$2698.36	$2365.40	$332.95	$78371.51
$2698.36	$2375.16	$323.20	$75996.35
$2698.36	$2384.95	$313.40	$73611.39
$2698.36	$2394.79	$303.57	$71216.61
$2698.36	$2404.67	$293.69	$68811.94
$2698.36	$2414.58	$283.77	$66397.36
$2698.36	$2424.54	$273.82	$63972.82
$2698.36	$2434.54	$263.82	$61538.28

2048

$32380.28

$30009.52

$2370.75

$31528.76

Total	Principal	Interest	Balance
$2698.36	$2444.58	$253.78	$59093.70
$2698.36	$2454.66	$243.70	$56639.05
$2698.36	$2464.78	$233.57	$54174.26
$2698.36	$2474.95	$223.41	$51699.32
$2698.36	$2485.15	$213.20	$49214.16
$2698.36	$2495.40	$202.96	$46718.76
$2698.36	$2505.69	$192.66	$44213.07
$2698.36	$2516.03	$182.33	$41697.05
$2698.36	$2526.40	$171.96	$39170.64
$2698.36	$2536.82	$161.54	$36633.82
$2698.36	$2547.28	$151.07	$34086.54
$2698.36	$2557.79	$140.57	$31528.76

2049

$32380.28

$31528.76

$851.52

$0.00

Total	Principal	Interest	Balance
$2698.36	$2568.33	$130.02	$28960.42
$2698.36	$2578.93	$119.43	$26381.50
$2698.36	$2589.56	$108.80	$23791.94
$2698.36	$2600.24	$98.12	$21191.70
$2698.36	$2610.96	$87.39	$18580.73
$2698.36	$2621.73	$76.63	$15959.00
$2698.36	$2632.54	$65.81	$13326.46
$2698.36	$2643.40	$54.96	$10683.06
$2698.36	$2654.30	$44.06	$8028.76
$2698.36	$2665.25	$33.11	$5363.51
$2698.36	$2676.24	$22.12	$2687.27
$2698.36	$2687.27	$11.08	$0.00

Mortgage Payment Calculator

Mortgage Details

Location Details

Location Details

Mortgage Summary

Estimated Payment

$2,698

Mortgage details

Payments Breakdown

Mortgage Payment Calculator

Mortgage Details Compare

Location Details

Location Details

Mortgage Summary

Estimated Payment

$2,698

Mortgage details

Payments Breakdown

Mortgage Details