Mortgage estimates
Compare mortgage scenarios before a renewal or purchase
This page helps an advisor illustrate payment changes, amortization, refinancing, and prepayment estimates with clear assumptions the client can review.
Estimates and illustrations are computed using published CRA and Revenu Québec rules and parameters (2026). · Last updated 2026-06-18
Example scenario
A household is renewing a mortgage in six months and wants to compare fixed versus variable terms, accelerated payments, and whether a lump-sum prepayment is worth using, with a stress test at a higher qualifying rate.
Workflow steps
- Enter mortgage balance, rate, amortization, renewal date, household income, and liabilities.
- Compare renewal, refinance, prepayment, and affordability estimates, including a stress-test rate.
- Summarize the estimated impact and risks in the client file for review.
Expected outcome
The advisor can show payment impact, total interest, and cash-flow trade-offs side by side in one reviewed comparison.
FAQ
Is this only for mortgage brokers?
No. It helps any advisor connect mortgage estimates with the broader client file; it does not approve, arrange, or price a loan.
Can it compare debts beyond the mortgage?
Yes. The secure app includes liability workflows that organize other debts alongside the mortgage estimate.
Related resources
This resource belongs to the Debt and cash-flow illustrations group. Compare the neighbouring resources:
Loan amortization and repayment estimates
This page describes how loan details can be organized and reviewed alongside cash flow, mortgage figures, and savings priorities to illustrate repayment estimates.
Household budget and cash-flow capacity
This page explains how an advisor can organize income, expenses, savings room, and debt commitments to estimate monthly capacity before ranking competing priorities.
Rental property cash-flow estimates
This page describes how property data can be organized to illustrate cash-flow estimates for the discussion, without publishing addresses, tenants, or owner records.
Prepare this workflow in AssureConcept
Use the secure application for real client files, reviewed documents, and advisor-ready reports.