Reference table
Mortgage payment per $100,000 (2026)
Monthly payment for every $100,000 of mortgage, at quoted rates from 3% to 8% and 20, 25, and 30-year amortizations. Calculated with Canadian semi-annual compounding — the same engine as our mortgage calculator. To size your own payment, multiply by your mortgage ÷ $100,000.
Monthly payment per $100,000 borrowed
| Rate | 20-year | 25-year | 30-year |
|---|---|---|---|
| 3.00% | $553.67 | $473.25 | $420.60 |
| 3.25% | $566.09 | $486.17 | $434.01 |
| 3.50% | $578.66 | $499.27 | $447.64 |
| 3.75% | $591.38 | $512.56 | $461.47 |
| 4.00% | $604.25 | $526.02 | $475.52 |
| 4.25% | $617.25 | $539.66 | $489.77 |
| 4.50% | $630.41 | $553.47 | $504.22 |
| 4.75% | $643.70 | $567.46 | $518.86 |
| 5.00% | $657.13 | $581.60 | $533.69 |
| 5.25% | $670.69 | $595.92 | $548.71 |
| 5.50% | $684.39 | $610.39 | $563.91 |
| 5.75% | $698.22 | $625.02 | $579.28 |
| 6.00% | $712.19 | $639.81 | $594.82 |
| 6.25% | $726.28 | $654.74 | $610.53 |
| 6.50% | $740.50 | $669.82 | $626.40 |
| 6.75% | $754.84 | $685.05 | $642.43 |
| 7.00% | $769.31 | $700.42 | $658.60 |
| 7.25% | $783.90 | $715.92 | $674.92 |
| 7.50% | $798.60 | $731.55 | $691.39 |
| 7.75% | $813.42 | $747.32 | $707.98 |
| 8.00% | $828.36 | $763.21 | $724.71 |
Principal + interest only — property tax, insurance, and CMHC premiums excluded. Quoted rate compounded semi-annually per the Interest Act. Figures verified 2026-07-13.
How to scale the table
Payments scale linearly. A $550,000 mortgage at 4.50% over 25 years is 5.5 × $553.47 = $3,044 per month. For the full picture — CMHC insurance, the stress test, and payment frequencies — use the calculator or check what you qualify for with the affordability tool.
Frequently asked questions
What is the monthly payment on a $400,000 mortgage at 5%?
About $2,326 per month with a 25-year amortization — $400,000 is 4 × the per-$100,000 payment of $581.60. Canadian fixed mortgages compound semi-annually, so this differs slightly from US-style calculators.
How do I use a payment-per-$100k table?
Divide your mortgage amount by $100,000 and multiply by the table value. A $650,000 mortgage is 6.5 × the per-$100,000 payment at your rate and amortization.
Why do Canadian mortgage payments differ from US calculators?
The Interest Act requires Canadian fixed-rate mortgages to compound semi-annually, not monthly. That makes the effective monthly rate slightly lower than the quoted rate divided by 12, so payments are a few dollars lower per $100,000 than US-style math suggests.
Does a 30-year amortization always mean a lower payment?
Yes — stretching amortization lowers the monthly payment but increases total interest substantially. Insured (less than 20% down) mortgages are generally capped at 25 years, with 30 available for some first-time buyers and new builds.
Educational only — not financial advice. Rates shown are illustrative, not offers. Confirm payments with your lender.