MORTGAGE CALCULATOR APP, HOW DOES IT WORK?

Mortgage Calculator App is a useful tool for mortgage calculations. It’s free and you can share it with others without any charges. You can use My Mortgage Planner App for home purchase affordability, pre-qualification, mortgage refinancing and much more.

Calculate Your Mortgage Payments with the Mortgage App

Learn your monthly mortgage payments, compare renting vs. buying, and calculate your affordability with Mortgage Station’s Canadian mortgage calculator app. My mortgage calculator app is among the most extensive and reliable in the industry. Begin your financial journey today!

My Mortgage Planner: Best Canadian Mortgage Calculator App

In today’s fast-paced real estate market, finding the best mortgage app for your dream home can be challenging. With the many options and complex calculations, having the right tools at your fingertips is crucial. This is where “My Mortgage Planner,” an innovative mortgage calculator app developed by Mortgage Station, comes into play.

This app helps Canadians with mortgages by giving them tools to make informed decisions about their homes and loans. Discover the benefits of My Mortgage Planner, the top mortgage app in Canada, and how it can assist you.

Find the Key Features of My Mortgage Planner

1. Calculate Your Total Cost of Owning a Home

One of the first and most critical steps in home-buying is understanding the total cost of owning a home. My Mortgage Planner helps you calculate the total cost of owning a home, including mortgage payments, taxes, insurance, and maintenance. With this information, you can make a budget that ensures financial stability throughout your homeownership journey.

2. Estimate the Minimum Down Payment You Need when purchasing a home in Ontario

Determining the minimum down payment required can be confusing, especially for first-time homebuyers. The Mortgage Planner is a popular mortgage app in Canada.

By providing an accurate estimate, it simplifies the process. The forecast relies on your desired home price and mortgage type. This helps you plan your finances effectively and ensures you meet the down payment requirements.

3. How to Calculate Land Transfer Taxes and Available Rebates

Land transfer taxes are an essential consideration when buying a home. This app calculates land transfer taxes based on where you are and how much is the property you are buying. While the app gives you valuable information, It also helps you find rebates so you don’t pay too much when buying.

4. Calculate the Maximum Loan You Can Borrow

Why get pre-approved?

Homebuyers want to know how much they can borrow and avoid surprises when closing the purchase. My Mortgage Planner shows how much you can borrow based on your income, credit score, and financial obligations. This feature helps you set a realistic budget when searching for your dream home.

5. How the Mortgage Stress Test work:

In a fluctuating interest rate environment, it’s essential to know how changes in interest rates can impact your mortgage. The app allows you to stress test your mortgage, showing how your payments would change if interest rates increased.

In October 2016, OSFI introduced the Stress test rule to ensure people could afford regular payments. But it has also reduced the amount that future home buyers qualify for. This proactive approach helps you be financially ready for possible interest rate increases.

6. Estimate Your Closing Costs when purchasing a home

Closing costs can often catch homebuyers off guard, adding a substantial financial burden to the property acquisition process. However, My Mortgage Planner aims to provide clarity and transparency in this crucial aspect. It expertly computes your closing costs, carefully factoring in expenses such as legal fees, title insurance, and other related outlays.

Doing this will give you a clear understanding of the costs of buying your dream home. When you understand the home purchase process, you will empower yourself and be financially prepared. This helpful feature makes buying a home more accessible and more informed. It helps you plan your finances confidently as you enter the exciting world of owning a home.

7. Compare Your Mortgage Payment Options Side by Side

My Mortgage Planner is the most comprehensive mortgage app. It lets you compare mortgage options easily. You can make intelligent choices by looking at interest rates, terms, and other essential factors. This feature empowers you to choose the best mortgage with your financial goals.

8. Search for the Best Mortgage Prices

My Mortgage Planner gives you up-to-date mortgage rates, so you always know what’s happening in the changing Canadian market. This invaluable feature puts the power in your hands, enabling you to identify the most competitive options swiftly.

If you’re a first-time homebuyer or have experience in real estate, it’s crucial to be aware of the current rates. This knowledge will help you secure the best mortgage deal. Use My Mortgage Planner to confidently navigate the market and make financially sound decisions that align with your homeownership goals.

9. You can download or Email the Mortgage Summary Reports (PDF)

This app helps Canadians calculate mortgages and create PDF reports to share with their financial advisor or real estate agent. These reports consolidate all the essential information about your mortgage calculations and options, making collaboration and decision-making more efficient.

10. The mortgage app is designed to accommodate other languages

My Mortgage Planner is a mortgage calculator app for Canadians. It supports English, French, Spanish, Hindi, and Chinese. This inclusivity ensures that users from various backgrounds can comfortably use the app to navigate the Canadian real estate market.

In Canada’s real estate market, having the right tools is crucial for buying a home successfully. This exceptional app boasts comprehensive features that empower users to make well-informed financial decisions.

Unlocking the potential of My Mortgage Planner is as simple as hitting the download button above. Doing this will give you special access to various useful tools and information. These resources will assist you in selecting the most suitable mortgage for your unique situation.

My Mortgage Planner is a top Canadian mortgage app. It calculates the total cost of owning a home, tests your mortgage in different situations, and finds the best mortgage prices.

The design is easy to use and supports multiple languages. It is essential for anyone using the Canadian real estate market.

Don’t waste any time – dive right in! Experience the ease of a one-stop shop.

Download My Mortgage Planner today and take that crucial first step towards realizing your dream of homeownership with unwavering confidence. Your future home awaits; this app is your trusted companion on this exciting journey.

Lucia Gugliuzzi - Mortgage Broker

5.0

Based on 42 reviews

review us on

Frances Protopapas

02:50 28 Nov 23

I am so satisfied over the years of many mortgage transactions for myself that I had recommended Lucia to my children, whom in turn have used her many times with satisfaction. My children in turn have also referred Lucia to their friends for a great experience.We feel Lucia is experienced, knowledgeable and has good resources to then follow up with the lawyers to make sure the process is completed in a timely manner. Lucia is an honest, dedicated broker and I continue to recommend her to anyone that wants to get it right the first time.

Barry Caverly

18:53 16 Nov 23

We could not be more happy with the interactions we had with Lucia during our latest house purchase. She is so professional and represented us very well to the lenders and we feel she worked extremely hard to get us the best possible deal.We highly recommend her to anyone looking for a mortgage.

Katrina & Nathan

17:56 09 Nov 23

Lucia has been incredible to work with, and she has helped us tremendously in securing a great mortgage rate for our first home together! The level of professionalism she displayed from start to finish was impeccable. She was always attentive, would listening to our concerns, and always made herself available to answer our questions. She was always communicating with us and advocated for us throughout the process. Trust me, you will not get this kind of service anywhere else!

Eric Ashfield

23:00 25 Aug 23

Lucia always offers calm professionalism and absolute dedication to my best interests. She is not judgemental but at the same time, she is practical and absolutely honest. I was right to trust her and you can too! A top, honest professional.

Kalidas Kalimuthu

22:11 17 Aug 23

Response and friendly communication move to next step.

Anjana Sharma

19:36 30 Jul 23

She is very knowledgeable and helpful. She guided us the right path just through a phone call.

Emelle Yalcin

18:39 20 Apr 23

Lucia is an AMAZING mortgage broker!! We trusted her to get us the best mortgage rate and she delivered AGAIN. She works very hard to get you the best deal and keeps you informed all through the process. She was an absolute pleasure to work with. I would highly recommend her to anyone, especially 1st time home buyers. Thank you Lucia!

Atena H

00:27 23 Dec 22

My family and I are living in our new home about half a year now and it would never have been possible without the skilled determination and expertise of Lucia. We were previously working with someone else before Lucia that ended very badly and we were left discouraged and without hope. Lucia came referenced to me by my boss and I'm still thanking him to this day. My husband didn't have much history in terms of credit being a travelling musician all his life, but somehow Lucia made the impossible happen. Securing us with a great rate, terms and borrowing account.She loves what she does and it shows! Its hard to find that these days especially in mortgage brokerage. I hope to work with her again someday if we every choose to move again. It would be a pleasure.

Dolores Brennan

23:15 13 Dec 22

Lucia was an absolute pleasure to deal with, professional beyond words and totally went above and beyond to help us out with a very difficult financial arrangement. She is so knowledgeable about current market trends and has such patience and determination to make sure she gets you what you need was remarkable.I would highly recommend this amazing lady whose work ethics are incredible.

Ryan Curry

22:35 25 Mar 22

Lucia was able to help me secure my mortgage renewal at a great rate. I was under pressure to lock in the best rate as fast as possible and she made it happen without sacrificing a fraction of a point. She has great interpersonal skills and knowledge of the industry. She worked very quickly and efficiently. Her super quick response time to texts and phone calls was astounding. All in all a great experience. Thank you, Lucia!

Nat Barnes

17:41 08 Jun 21

I can't believe I'm writing this, but Lucia actually made getting a new mortgage a FUN experience! She is an absolute expert in her field, she is tenacious, and she clearly puts her clients first. But even more than that, Lucia is a genuinely kind and thoughtful person who took the time to get to know my family to understand our goals, limitations, and dreams for a new home. Every interaction with Lucia is enjoyable. At the end of the day, she got us exactly what we needed at a great rate... and made it a great experience. I recommend Lucia without reservation.