The Purpose of using Reports is to communicate information that has been compiled as a result of research and analysis of data and of issues.
Canadian Mortgage App reports can cover a wide range of topics, from your total monthly costs, amortization table, land transfer and closing costs among many others.
Click on Each Report to View an Example.
Total Montly Costs
The total monthly costs is the sum of all monthly fees associated with the on-going home ownership cost.
Key information related to the loan, such as: Mortgage Amount, rate, amortization, payments…
Compare different payment scenarios: (Monthly, weekly, bi-weekly…), and see the time savings.
Allows you to estimate your annual loan repayments and how much goes towards principal & interest.
Payable amount on the closing date of your purchase, based on the purchase price, province & region.
Fees that you’ll have to pay on the closing date of the real estate transaction.
The affordability estimator shows how much you can afford to borrow as a ratio of your annual gross salary.
How it Works
Where to find the reports
Inside the Purchase Calculator, tap on the “Export” or “Extra” Button and choose Create a Report.
Select which reports you want to export
- Total Monthly Cost
- Mortgage Summary
- Payment Frequencies
- Amortization Table
- Stress Test
- Land Transfer
- Closing Costs
This tool also provides you with the option to with the possibility of attaching a PDF along with it