Canadian Mortgage App
The Canadian Mortgage App helps homebuyers make informed decisions when buying a home. It offers tools to guide you and help you figure out how much you can comfortably afford to spend on a home. The app contains all kinds of calculators to help determine your total homeownership costs, your affordability, as well as compare rates.
Below are a few of the app’s features:
- Minimum Down Payment Calculator
- Stress Test using Bank of Canada’s rate
- Total Monthly Ownership Calculator
- Closing Cost Calculator
- Affordability Calculator
- Maximum Loan Calculator
- CMHC Premium Calculator
- Real time Mortgage Rates
- Amortization Schedule and Totals
- Other features