How long will it take to pay off your mortgage?

Calculations are based on the following assumptions:

• Interest is compounded semi-annually for a fixed-rate loan and monthly for a variable rate loan.
• The interest rate remains the same during the whole amortization period.

The results of this calculator are estimates based on the general data you entered. They may change according to your financial and budgetary situation at the time of the loan.

Calculate the amount of your current mortgage payments, or the payments for a mortgage you are considering. It presents various scenarios for interest rates and terms, payment frequency and life and disability insurance choices related to the mortgage.

Note: the interest rates presented in the table are recommended by the Fédération des caisses Desjardins du Québec to the Quebec caisses and the member caisses of the Ontario Federation of Caisses Populaires Inc. These rates do not take into account the cost of life and disability insurance, should you choose it. They are subject to change without notice. Certain conditions apply.

Pay down your mortgage faster

Your Desjardins advisor will suggest solutions based on your objectives and borrowing profile.

Review your life and disability insurance coverage

Is your mortgage renewal date coming up? Your insurance needs may have changed. It's time to update your Desjardins loan insurance with a Desjardins advisor.