Monthly payments by amortization length

Mortgage amount is based on average home costs in each province after a minimum down payment (5% of first $500,000, 10% between $500,000 and $1.5 million).

Monthly payments calculated using The Government of Canada Mortgage Calculator using an interest rate of 5%.

Table with 4 columns and 12 rows.
British Columbia$870,813$5,065$4,647
Alberta$461,659$2,685$2,464
Saskatchewan$327,465$1,905$1,748
Manitoba$345,483$2,009$1,844
Ontario$761,124$4,427$4,062
Quebec$497,170$2,892$2,653
New Brunswick$293,740$1,708$1,568
Nova Scotia$393,585$2,289$2,101
Prince Edward Island$354,065$2,059$1,890
Newfoundland and Labrador$285,665$1,661$1,525
Yukon$487,924$2,838$2,604
Northwest Territories$459,513$2,673$2,452