Mortgage Payment Calculator
Estimate your monthly payment on a home in St. John’s — with semi-annual compounding, minimum down payment, and CMHC insurance built in.
Mortgage balance over time
Your remaining balance, and how much of your payments has gone to principal vs. interest. Hover a year for the details.
Principal and interest paid each year, and your remaining balance at year end.
| Year | Principal | Interest | Balance |
|---|
Estimate only — principal and interest, calculated with semi-annual compounding (the Canadian standard). Minimum down payment and CMHC mortgage default insurance follow current federal rules (as of 2026): 5% on the first $500,000, 10% on the portion up to $1.5M, and 20% at $1.5M or more; the insurance premium (2.8–4.0% of the loan) applies when your down payment is under 20% and is added to the mortgage. Figures are a guide, not a quote or pre-approval, and don’t include property taxes, home insurance, or condo fees. Rules and rates change — confirm exact figures with a mortgage professional.
Looking at an investment property? Try the Rental Property Calculator →
Thinking about buying in St. John’s?
Whether you’re just running numbers or ready to start looking, I’m happy to help — no pressure.