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   Mortgage Payment Calculator
Please enter your numbers belowHere are your results
Mortgage Amount:$100,000 Dollars
Annual Interest Rate (%):7 percent
Amortization Period (years):Amortized over 25 years.
Payment Frequency:Monthly means 12 payments per year.
Interest Calculated:Semi-Annually means Interest is compounded 2 times per year,
(Canadian mortgage)
Term:
After 1 Year, you will have made 12 Monthly payments.
Interest paid:$ 6,851.53 81.52%
Capital paid:$ 1,553.46 18.48%
Total paid:$ 8,404.99 100.00%
Your balance will be:$ 98,446.54 
Amortization Schedule:No YesYes
Your Monthly payment is: $ 700.42
Amortization Schedule $ 700.42 Monthly
Pmt no.InterestPrincipalBalance
1$ 575.00$ 125.41$ 99,874.59
2$ 574.28$ 126.13$ 99,748.46
3$ 573.56$ 126.86$ 99,621.60
4$ 572.83$ 127.59$ 99,494.01
5$ 572.09$ 128.32$ 99,365.69
6$ 571.36$ 129.06$ 99,236.63
7$ 570.61$ 129.80$ 99,106.83
8$ 569.87$ 130.55$ 98,976.28
9$ 569.12$ 131.30$ 98,844.98
10$ 568.36$ 132.05$ 98,712.93
11$ 567.60$ 132.81$ 98,580.12
12$ 566.84$ 133.58$ 98,446.54
Payments$ 6,851.53$ 1,553.46$ 98,446.54
Total paid$ 8,404.99
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