I'm a first time buyer, what are my advantages?
Of course they are advantages. Canadian rules and regulations really encourage young adults to take a leap of faith and own their first home...
What is my Total Monthly Cost and can I afford it?
Let's talk about the total monthly cost first.Your total monthly cost is the sum of all monthly fees associated with the on-going home owner...
What is the maximum loan that I can afford to borrow?
Use the Stress Test tool to calculate the maximum loan you can afford to borrow. The app will calculate the maximum loan based on indus...
Can I compare multiple scenarios?
On the home tab, click on the compare scenarios side by side. By default it loads the current active scenario from the purchase calculator o...
What are my closing costs?
First time buyers often underestimate the closing costs fees and repeat buyers sometimes forget them. These are fees that you pay around or ...
What is the Canadian Mortgage App?
The Canadian Mortgage App is a mobile app that guides and empowers you to make the largest purchase of your life. ...
What languages do we support?
We are proud to offer translations in French, Spanish, Simplified Chinese and Hindi. To change the language, simply go to the extra tab...
More FAQs and Tutorials
We have consolidated all tutorials under a single section CMA PRO for ProfessionalsOpen the extra tab at the bottom right Click on ...
Why you need a profile to use the new Extra Payment feature
The previous version of the extra payment only had 1 option (which was annual pre-payment)The current version of extra payment support about...
How to view amortization?
To see the amortization, you just need to perform the following steps:1. Click on the purchase calculator2. Click on the payment frequencies...
Why you need to create an account to use CMA?
We understand that you may be hesitant to create a profile and get access to advanced features. However, the primary reason for an account i...
We recently updated our app to support dark mode. Dark mode is known to reduce eye strain, blurred vision, dry eyes and maybe even headaches...
- Purchase Calculator
- Stress Test / Affordability Tool
- Land Transfer Tax Calculator
- Closing Cost Calculator
- GDS / TDS Calculator
- Mortgage Terminology
- Rates & Application
- Legal Stuff
- CMA PRO
- Common Questions
- Review & Requests
- Mortgage Types & Features
- App Settings
- What's new in this version
- Refinance Analyzer
- DSCR Worksheets
- Minimum Required Income Tool
Need more help?