Canadian Mortgage

The prestigious title of Canada's leading mortgage app, Canadian Mortgage is an essential tool that has been utilized over 40 million times. This application offers an in-depth analysis of a homeowner's financial landscape, enabling users to accurately calculate total home ownership costs, including land transfer taxes, and navigate through the 2018 stress test regulations. It also provides users with the means to assess their affordability down to the nearest cent.

Key features of the app include:

- A detailed Canadian Payment Calculator.

- Various payment frequency options.

- A comprehensive set of calculators for refinancing analysis, minimum down payments, and monthly ownership costs.

- Tools for calculating land transfer fees, closing costs, and affordability.

- Functions to determine maximum loan amounts and extra payments strategies.

- A pre-qualification tool for assessing borrowing capacity.

- Access to real-time mortgage rates and connections with industry experts.

Additionally, users can compare different scenarios side-by-side, gain access to special rebates for first-time homebuyers in select provinces, and enjoy beautifully crafted graphs and illustrations. The game supports multiple languages and provides direct technical support chat functionality.

Its calculators are meticulously configured to deliver precise computations, complying with the European Commission's currency rounding suggestions and IEEE 754 standards, ensuring that the experience for users is both robust and accurate at no cost, as the game is free to download and use.

For real estate and mortgage professionals, an upgraded version, Canadian Mortgage PRO, is available. This upgrade allows for an enhanced personalization through branding features, providing a unique digital experience to clients, along with analytics, customizable content, and co-branding opportunities to help grow businesses.

In conclusion, the standard version of Canadian Mortgage is recognized as a vital financial companion for those looking to manage their mortgages with precision and confidence, whether they are prospective homebuyers or current homeowners.