Private Mortgage Payment Calculator

Professional APR Calculator & Total Cost of Borrowing Calculator for private mortgages. Calculate true annual cost, monthly payments, and compare multiple loan scenarios.

APR Calculator Total Cost of Borrowing Calculator Private Mortgage Calculator Loan Comparison

Loan Comparison Mode

Compare two different loan scenarios side by side

Loan Parameters

Calculate monthly payments and true annual cost (APR) for private mortgages

Loan Parameters

Loan Amount

Range: $50,000 - $5,000,000

Interest Rate

monthly payments

Enter any annual rate (decimals allowed).

Term

Length of the mortgage agreement

Amortization

P&I payments

Period to fully repay the loanPrincipal and interest payments during the term.

Additional Fees

These fees are included in the APR calculation to show the true cost of borrowing

Lender Fee

Deducted from Advance

Percentage

Dollar Amount

Brokerage Fee

Deducted from Advance

Percentage

Dollar Amount

Appraisal Fee

Deducted from Advance

Legal Fees (Lender's Lawyer)

Deducted from Advance

Administrative Charges

Discharge Fee^*

* Not included in APR calculation

Total Fees$0

This calculator provides estimates. Actual terms will be disclosed in formal mortgage documents.

Ready to Calculate?

Fill out the form on the left to see your personalized mortgage calculation with APR analysis and total cost of borrowing breakdowns. Switch to comparison mode to analyze multiple loan scenarios.

What is APR?

Annual Percentage Rate (APR) represents the true cost of borrowing, including interest rates, fees, and other costs associated with your private mortgage. Our APR calculator provides accurate calculations based on Canadian lending standards.

Total Cost of Borrowing

Understanding the total cost of borrowing helps you make informed decisions about private mortgage financing. Our calculator breaks down all costs including interest, lender fees, legal costs, and other charges over the loan term.

Loan Comparison Features

Our enhanced calculator now includes loan comparison functionality, allowing you to analyze multiple loan scenarios side-by-side. Compare APR, monthly payments, and total costs to make the best decision for your financial situation.