Calculator 02
Line up two or three scenarios — different rates, amortizations or payment frequencies — and see exactly where they diverge.
Prime rate
4.45%
1-year fixed
5.49%
3-year fixed
6.05%
5-year fixed
6.09%
These are official posted rates — typically higher than what a lender will actually offer after negotiation, so use them as a general reference point, not a quote. Source: Bank of Canada, published weekly.
| Scenario | Payment | Total interest | Total paid |
|---|---|---|---|
| Scenario 1 | $2,849/monthly | $354,563 | $854,563 |
| Scenario 2 | $1,496/accelerated biweekly | $330,310 | $831,530 |
Scenario 2 — accelerated biweekly
Paying accelerated biweekly pays this mortgage off 3.6 years earlier than monthly, saving $67,024 in interest.
Scenario 1
Scenario 2
Printing and amortization exports are a one-time free preview for visitors who aren't logged in — this is a front-end nudge, not a hard security limit. Create a free account for unlimited use, and to save comparisons to your dashboard.
Regular biweekly just splits your monthly payment into 26 smaller payments a year — same total paid annually as monthly. Accelerated biweekly sets your payment to half your monthly payment, paid 26 times a year, which works out to the equivalent of one extra monthly payment annually. That's what pays your mortgage off early and saves on interest.
Up to three — useful for comparing different rates, amortization periods, or payment frequencies side by side before deciding.
Yes. Printing and amortization schedule exports are free once per visit for anyone; creating a free account removes that limit and lets you save comparisons to revisit and print later.
A 25-year monthly schedule is 300 rows — not useful to scan. We roll it up by year (total payments, interest, principal, and ending balance) so you can see the trajectory clearly. The underlying calculation still runs on the exact payment frequency you select.