Keeping you informed: COVID-19 information for residential customers & commercial borrowers

Our residential call centre is experiencing higher than normal wait times.

If you are experiencing financial hardship due to COVID-19 and need to request a mortgage payment deferral, please submit a payment deferral request through My Mortgage or fill out our online mortgage payment deferral request form.

Be assured that we are committed to getting back to all of you who have contacted us.

Your patience is appreciated, and we thank you for your understanding.

Commercial Mortgage Calculator

Calculate your mortgage payment

Calculate your mortgage payment in three easy steps. In the chart below, simply enter:

  • The amount you want to borrow
  • Interest rate
  • Desired amortization period (the most common is 25 years)

Click submit and the tool will provide you with your monthly mortgage payment based on the information that you entered. Once you know your estimated monthly mortgage payment, you can have a more informed discussion with one of our commercial mortgage specialists.

This calculation is based on the accuracy and completeness of the data entered above and is for illustrative and general information purposes only. When you make your credit application, interest rates may have changed.

In the above illustration, we assume the following: (i) a constant interest rate throughout the amortization period for the mortgage, (ii) interest is compounded semi-annually, not in advance; and (iii) the payment schedule is monthly only with no additional payments or skipped payments.

First National does not make any express or implied warranties or representations with respect to any information or results in connection with the calculator.

All First National commercial mortgage products are subject to its standard lending criteria.