USD Effective Rate Calculator

SoBankable mortgages are funded in CAD.  Due to historically favorable USD to CAD exchange rates, when borrowers make monthly loan payments using USD converted to CAD the effective interest rate of that loan declines significantly.   Much to the benefit of the borrower making payments using USD, their loan payment can decline by as much as 35%.  Enter your desired loan amount in the box available below to see how much money you could save each month using USD to pay a CAD loan.

Gain on Exchange

Let us show you how currency exchange rates can significantly reduce your cost of borrowing in Mexico!


USD to CAD Calculator

Loan Purpose
Loan Amount (CAD)
Interest Rate
Monthly Payment (CAD)
Time Period Average Monthly Payment in USD Effective Rate *
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1 year

The USD/CAD exchange rates used in this calculator are historical and are provided for informational purposes only.  Past performance is not indicative of future results and there is no guarantee that current currency exchange rate trends will continue in the future.  The information provided by this calculator is not intended to be used as financial advice or as a recommendation to buy or sell any currency or to invest in a mortgage of any type.  Users of this calculator are responsible for their own financial decisions and should seek professional advice before making any investment decisions.  The owner and operator of this calculator disclaims any liability for any losses or damages that may arise from the use of this calculator or the information provided herein.