A Mortgage Calculator, Debt Analyzer, and Debt Management Tool designed specifically for Canadian Consumers is now available on your Android phone or tablet. The App was created by Calgary, Alberta based Mortgage Broker and Advisor, Gerry Orr, to help Canadians manage their credit more efficiently.
The App provides a Mortgage Calculator that automatically updates with the best current mortgage rates available in the Canadian Mortgage Market. The App calculates and integrates the CMHC/ Genworth mortgage insurance premiums required on a high ratio mortgage in Canada, as well as the HST taxes by province on a New Home Purchase.
The App also has a Mortgage Calculator that provides a tool to a consumer with an existing mortgage determine how much they owe on their mortgage obligation today.
The Debt Analyzer and Mortgage Consolidation Tool gives a consumer the opportunity to review and manage their existing debt obligations from all sources and determine if refinancing to consolidate the High Interest Debt makes sense in their circumstances.
The Mortgage Qualifier Calculator gives the consumer a tool to determine how much they can qualify for with Traditional Mortgage Financing in Canada. By changing the variables, such as income and personal debts, they can use this tool to tailor a plan to reach their home ownership goals.
Gerry and his team, together with their network of affiliates, provide mortgage advice and products to Canadian consumers nationwide.
Disclaimer: Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We can not and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
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