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Loan Information

Canada Mortgage Rate
(compound semi-annual)
US Mortgage Rate
(compound monthly)

Loan Amount ($)

Annual interest rate (1-30%)

Mortgage Amortization (years)

Mortgage Term (years)
Based on the assumptions you have input:

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Your estimated monthly payments are $0, including Private Mortgage Insurance and you will pay $0 in interest over the life of the loan.

(Notice: the payments are rounded to the nearest dollar amount)

Year Beginning Balance Payment Principal Interest Cumulative Principal Cumulative Interest Ending Balance
Step 1 - Income

Combined monthly household income
$

Target House Value
$
Step 2 - Debt Obligations

Monthly auto payments
$

Monthly credit card payments
$

Current utilities expenses
$

Any Other Expenses
Step 3 - New Loan Assumptions

Canada Mortgage Rate
(compound semi-annual)

US Mortgage Rate
(compound monthly)

Annual interest rate on new mortgage
1-30%

Term of new mortgage:(years)

Funds available for a down payment
$
Results

GDS (Gross Debt Service Ratio):
Monthly gross income $0
Gross Debt Service Ratio 0%
Calculated payment for GDS $0

TDS (Total Debt Service Ratio):
Debts and obligations $0
Percent of gross income 0%
Maximum percentage available for mortgage payment 0%
Calculated payment for TDS $0

Payment Calculation
Maximum allowed payment $0
Calculated mortgage amount $0
Down payment $0

Home value you can afford $0

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