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The
Canadian mortgage calculator or Canada mortgage calculator is very simple
to use. It has a slide rule feature where you just slide to the loan amount
you
want. The same applies to the interest rate used. What makes this Canada
mortgage calculator nice to look at? Instead of just boring number inputs
or tables
it has a graphic display that will show you ‘visually’ how quickly
your mortgage principle is being paid down. In fact the Canada mortgage calculator
has a special feature at the bottom of the problem that shows ‘what happens’ if
you decide to pay more than what is required with your mortgage payment.
It shows how may years that your Canada mortgage will be shortened by just
making
additional payments. It is fun to play with. Enjoy!
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