Financial Calculators
Closing Cost Calculator
Buying a home involves more than just the purchase price; there are important closing costs to plan for.
My Closing Costs Calculator gives you a realistic, comprehensive picture of your closing expenses so you can budget with confidence before making your move.
Mortgage Payment Calculator
The Mortgage Payment Calculator helps you determine your mortgage payment for a new purchase or a renewal. It considers different scenarios so you can consider alternatives.
Land Transfer Tax Calculator
Any time you purchase a property in Canada you have to either pay land transfer tax or a land transfer fee, and it’s different for every province and sometimes within province.
The Land Transfer Tax Calculator helps you figure out the amount you need to pay at purchase for provincial and municipal Land Transfer Tax as applicable and considers rebates if you are a first time buyer.
Purchase Price Affordability Calculator
Discover the price you can prudently afford to pay for a home.
My Purchase Price Affordabiltiy Calculator enables you to see when the purchase price is affordable, when youare putting yourself at financial risk, and when the home is beyond the price you pay reasonable pay.
Mortgage Affordability Optimizer
Optimize your mortgage’s affordability so you can have more cash at the end of every month for living costs, retirement planning, and education savings.
My Mortgage Affordability Optimizer enables you to manipulate mortgage attributes so you can optimize the affordability of your mortgage to fit into your budget in a way that makes sense for you.
Mortgage Penalty Calculators
You break your mortgage whenever you want to do something differently during the term of the mortgage.
Whenenver you break your mortgage you have to pay a mortgage penalty. Thinking of refinancing, selling, or paying off yoru mortgage early? Use my Mortgage Penalty Calculators (Big Bank, Monoline, Alternative) to estimate the cost of breaking your mortgage.
Affordability Calculators
Financial Planners advise spending no more than 30% of your income on housing. If you spend more, you could be ‘house rich’ and ‘cash poor’ leaving you with no disposable income for retirement or educational savings.
My GDS Calculator enables you to discover how much of your income is going towards housing. My TDS Calculator enables you to know if you have too great a financial burden as it combines all your debt and your housing costs.
Bridge Loan Calculator
Buy a new home before your current one sells, or take position of your new home to paint, clean, and upgrade before you leave your present home.
A bridge loan helps you have possession of two properties for a short time.
Use my Bridge Loan Calculator to discover how you can affordably carry 2 homes for a short time to de-risk your transaction and improve your life.
Stress Test (Ratio) Calculator
Wondering if you can qualify for a mortgage under today’s federal rules? My Mortgage Stress Test Calculator takes the guesswork out.
Using both Gross Debt Service (GDS) and Total Debt Service (TDS) ratios, it shows your qualifying rate, the maximum housing costs you can afford per month, and the maximum mortgage amount you may qualify for. Best of all, it instantly tells you whether you pass the government’s stress test—so you can plan your home purchase with clarity and confidence.
Mortgage-Free Accelerator
Pay off your home faster and save tens of thousands, even hundreds of thousands on interest expenses. Get mortgage-free fast!
My Mortgage-Free Accelerator enables you to see how even small adjustments to your mortgage can help you achieve your goals more quickly and save you thousands of dollars.
Spousal Buy Out Calculator
Sometimes things don’t work out, but maybe you don’t want to sell your home. You may have kids to consider and don’t want to disrupt their lives.
Use my Spousal Buy Out Calculator to figure out how much it costs to go your separate ways, how much the departing spouse should get, how much the residing spouse will carry, and whether or not you can even afford to keep the house.
Flex Down Calculator
Sometimes you are so close to being able to buy a home you can taste it! If you have strong income and good credit, you can borrow the down payments funds.
Use my Flex Down Calculator to discover how much you can borrow to make homeownership accessible for you! Manipulate the variables until you have a strategy the puts you into the home of your dreams.
Currency Converter
Any foreign asset, liability, and income amounts must be converted to Canadian funds using the Bank of Canada’s Currency Converter. The conversion rate is to reflect the date of application entry. Document the date, the exchange rate used, the original amount in foreign currency, and the converted amount in Canadian dollars.
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Mortgage Pre-Approval
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Access & Consolidations
Access equity, consolidate debt
get financial freedom
Investment & Commercial
Diversify your portfolio,
generate income and returns
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