Review the property details and create an educational, branded financing scenario. This is not a mortgage approval, pre-approval, qualification, or lender commitment.
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Buyer Financing Report | The Funders
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Prepared Exclusively For
__BUYER_NAME__
__ADDRESS__|MLS __MLS__
__DATE__
Report Prepared by The Funders Team thefunders.ca operates under BRX Mortgage Inc., FSRA Licence #13463.
__PRICE_FMT__ CAD
__BEDS__ Bed__BATHS__ Bath__SQFT__ sqft__TYPE__
1
Your Financing Roadmap
List Price
__PRICE_FMT__
Listed today
Illustrative income context
__INCOME__/yr
Scenario using __DP__% down and __GDS__% GDS
Est. Monthly Payment
__MONTHLY_TOTAL__/mo
Incl. tax, heat & condo fees
Illustrative
Illustrative rate scenariosPricing and eligibility require review
Term
Rate
Lender
Monthly
5-Yr Interest
__RATES_ROWS__
★ Points to review
__RECOMMENDATION_TEXT__
Down Payment Impact__DP__% — __DP_FMT__
5%10%15%20%25%30%35%
CMHC Insurance
__CMHC__
__CMHC_SUB__
Total Cash to Close
__CASH_CLOSE__
Down + closing costs
Loan Amount
__LOAN__
Principal + CMHC if any
Monthly (__BEST_RATE_TERM__)
__MONTHLY_MORT__
Principal + interest only
Illustrative affordability context
Illustrative income context__INCOME__/year
Minimum Down Payment__DP_FMT__ (__DP__%)
Gross Debt Service (GDS)__GDS__%
Total Debt Service (TDS)__TDS__%
Stress Test Rate__STRESS_RATE__ (contract + 2%)
Amortization__AMORT__ years
Stress-test context: Lenders may assess affordability using a higher qualifying rate. This scenario uses __STRESS_RATE__ and produces an illustrative payment of __STRESS_PAYMENT__/month. It does not determine qualification or a lender decision.
5-Year Wealth Building Principal Paid Down: __PRINCIPAL_5YR__ Est. Appreciation (__APPREC__%/yr): __APPREC_5YR__ Less Selling Costs (~__SELL_PCT__%): –__SELL_COST__
House Hacking Opportunity: With a legal basement suite renting at __BASEMENT__/month, your effective monthly housing cost drops to __NET_CARRY__ — that is __RENT_DIFF__ less than renting the main floor alone. Over 5 years, a tenant pays down __TENANT_PRINCIPAL__ of your mortgage principal.
Closing Costs Breakdown (approx)
Land Transfer Tax (Ontario)__LTT__
Legal Fees & Disbursements$2,000
Title Insurance$450
Home Inspection$650
Appraisal Fee$500
Status Certificate (if condo)$100
Moving & Setup Costs$2,500
Other Disbursements$500
Total Closing Costs (approx)__CLOSING__
First-Time Buyer Rebates: You may qualify for up to $8,475 Ontario rebate. Toronto buyers pay an additional municipal LTT (also rebate-eligible up to $8,475). Net closing costs after rebates vary by municipality.
Ready to discuss this home?
Request a financing review with The Funders Team. Timing, documentation needs, and lender decisions vary by buyer and property.
This report is prepared by TheFunders.ca
Rates, eligibility, and lender decisions vary by buyer and property. Contact The Funders Team for a personalized licensed review.
Call 437-605-9024 or email info@thefunders.ca
Disclaimer: This report is for informational purposes only and does not constitute a mortgage commitment or pre-approval. Interest rates are subject to change without notice. Income requirements, monthly payments, and closing costs are estimates based on standard lender guidelines (GDS ≤ 32%, TDS ≤ 40%, stress test at contract rate + 2% or 5.25%, whichever is higher). Actual qualification depends on credit score, employment history, debt obligations, and other underwriting factors. Rental income estimates are based on comparable area listings and are not guaranteed. Property appreciation assumptions (__APPREC__% annually) are for illustrative purposes only. Please consult a licensed mortgage professional for personalized advice.
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