This mortgage calculator will calculate in U.S. and Canadian monthly mortgage payments based on principal, interest and term. Keep in mind that U.S. mortgages are compounded monthly while Canadian mortgages are compounded semi-annually.  Please note that this mortgage calculator also does not include the CMHC premium with less than 25% down payment into it's final calculation.  For more information regarding this, please contact your financial institution or CMHC.