Home financing, made simple.
A home is the biggest purchase of your life. As licensed mortgage agents, we make the process stress-free and help you feel confident in every decision.
A home is the biggest purchase of your life. As licensed mortgage agents, we make the process stress-free and help you feel confident in every decision.
We shop banks, credit unions and monoline lenders to find your best rate and terms.
Access the equity in your home as a flexible line of credit — borrow what you need, when you need it, and pay interest only on what you use.
Specialized guidance and programs for every kind of borrower.
Flexible private lending options when traditional financing isn't the right fit.
Enter your income and expenses to estimate the maximum home price and mortgage you may qualify for. Based on standard lender debt-service ratios (GDS 39% / TDS 44%), assuming a 20% down payment.
This affordability estimate is for illustration only and uses standard Gross Debt Service (GDS, 39%) and Total Debt Service (TDS, 44%) guidelines with semi-annual compounding. It applies the mortgage stress test by default (qualifying at the higher of your rate + 2% or 5.25%), but does not account for your credit profile or lender-specific criteria, and is not a pre-approval or offer of credit. Property tax, heating, and 50% of condo fees are included in housing costs per standard lender practice. The maximum home price assumes a 20% down payment, so the mortgage is uninsured and no mortgage default insurance premium applies. Contact RNN Financial for a personalized assessment.
Adjust the numbers below to see what your payments might look like. Calculations use Canadian semi-annual compounding for a realistic estimate.
This calculator is for illustration and estimation purposes only. Results are estimates based on the information you enter and assume a fixed interest rate compounded semi-annually, not in advance (standard for Canadian mortgages). Actual payments, rates, and terms may vary. This is not an offer of credit or a pre-approval. Contact RNN Financial for personalized advice.
| Year | Principal paid | Interest paid | Total paid | Remaining balance |
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With access to Canada’s leading lenders, we shop the market for the best rate and structure your mortgage to fit your broader financial goals.
We assess your situation and get you pre-approved with confidence.
We compare lenders to secure the best rate and terms for you.
We guide you through to closing — stress-free and fully informed.
Book your free consultation and see how mortgage services at RNN Financial can help you reach your goals.
Call (647) 617-6274
