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The calculations and estimated results in this report provide general information and are not intended as financial advice. The results are used for illustrative purposes and are subject to change without notice. This report simply gives you a good idea of your mortgage payments, costs and potential savings. Actual mortgage premiums, payment information and others payable are subject to the full set of underwriting policies and standards by each lender. For the complete TERMS and CONDITIONS visit https://www.canadianmortgageapp.com/terms
 

Canadian Mortgage App

Sally Sample Report

Pre-Qualification Report

February 17, 2026

 

Ben Salami

Mortgage Professional 416-720-3044 ben@bendigi.com

 
Maximum Purchase Price $1,021,992
 
    • Down Payment (11.71%)
    • $119,670
    • Net Mortgage Amount
    • $902,322.16
    • Mortgage Insurance
    • $29,776.63
    • Mortgage Amount
    • $932,098.79
    • Closing Costs (1.50%)
    • $15,329.88
 
Total Monthly Cost $4,493
 
    •  
    • Mortgage Payment
    • $4,427.03/mo
    •  
    • Property Tax
    • $616.08
    •  
    • Heat
    • $150.00
    •  
    • Condo Fees
    • $300.00
    •  
    • Rental Income
    • -$1,000.00
 
Subject Property
 
    • Location
    • Toronto, Ontario
    • Property Type
    • Condo / Strata
    • Rental Property
    • Yes
    • Brand New Home
    • No
 
Home Expenses
 
    • Property Tax
    • $7,392.98 / year
    • Condo Fees
    • $300.00 / month
    • Heat
    • $150.00 / month
The calculations and estimated results in this report provide general information and are not intended as financial advice. The results are used for illustrative purposes and are subject to change without notice. This report simply gives you a good idea of your mortgage payments, costs and potential savings. Actual mortgage premiums, payment information and others payable are subject to the full set of underwriting policies and standards by each lender. For the complete TERMS and CONDITIONS visit https://www.canadianmortgageapp.com/terms
 
 
Profile
 
    • Employment
    • Employed
    • First Time Buyer
    • Yes
    • Foreign Buyer
    • No
    • Credit Score
    • 680 – 799
 
Financials
 
    • Available Funds
    • $135,000
    • Annual Income
    • $180,000
    • Subject Rental Income
    • $1,000/mo
 
    • MQR
    • 5.99%
    • Max GDS / TDS
    • 39.00% / 44.00%
    • Actual GDS / TDS
    • 38.62% / 44.00%
 
    • LTV
    • 88.29%
    • Interest Rate
    • To be Quoted
    • Amortization
    • 30 Years
The calculations and estimated results in this report provide general information and are not intended as financial advice. The results are used for illustrative purposes and are subject to change without notice. This report simply gives you a good idea of your mortgage payments, costs and potential savings. Actual mortgage premiums, payment information and others payable are subject to the full set of underwriting policies and standards by each lender. For the complete TERMS and CONDITIONS visit https://www.canadianmortgageapp.com/terms
 
  •  DebtBalanceLimitMinPayment
  • Visa Credit Cards $10,000 $10,000 3.00% $300.00 / Monthly
  • BMW Car Loan / Lease $26,000 - - $600.00 / Monthly
    • Visa
      $10,000
      Credit Cards
      $300.00 / Monthly
    • BMW
      $26,000
      Car Loan / Lease
      $600.00 / Monthly
The calculations and estimated results in this report provide general information and are not intended as financial advice. The results are used for illustrative purposes and are subject to change without notice. This report simply gives you a good idea of your mortgage payments, costs and potential savings. Actual mortgage premiums, payment information and others payable are subject to the full set of underwriting policies and standards by each lender. For the complete TERMS and CONDITIONS visit https://www.canadianmortgageapp.com/terms
 
 
Vancouver, British Columbia
     
    • Property Value
    • $900,000.00
    • Total Mortgage(s)
    • $450,000.00
    • Equity / LTV
    • $270,000.00 / 50.00%
    •  
    • Current Occupancy
    • Rental
    • Future Occupancy
    • Rental
    • Monthly Rental Income
    • $3,400.00
 
Expenses
     
    • Annual Property Tax
    • $3,500.00
    • Condo Fees
    • $350.00
    • Heat
    • $150.00
    • Water
    • $0.00
    • Hydro Electricity
    • $0.00
    • Home Insurance
    • $0.00
    • Maintenance
    • $0.00
    • Management
    • $0.00
Debts
  • TypeBalanceLimitRateRemainingPayment
  • Mortgage $450,000 - 3.54% Fixed 26 yrs, 1 mo $2,200.00 / Monthly
    • Mortgage
      $450,000
      3.54% Fixed
      $2,200.00 / Monthly
The calculations and estimated results in this report provide general information and are not intended as financial advice. The results are used for illustrative purposes and are subject to change without notice. This report simply gives you a good idea of your mortgage payments, costs and potential savings. Actual mortgage premiums, payment information and others payable are subject to the full set of underwriting policies and standards by each lender. For the complete TERMS and CONDITIONS visit https://www.canadianmortgageapp.com/terms
 
 
Vancouver, British Columbia
     
    • Property Value
    • $680,000.00
    • Total Mortgage(s)
    • $185,000.00
    • Equity / LTV
    • $359,000.00 / 27.21%
    •  
    • Current Occupancy
    • Rental
    • Future Occupancy
    • Rental
    • Monthly Rental Income
    • $2,800.00
 
Expenses
     
    • Annual Property Tax
    • $2,800.00
    • Condo Fees
    • $250.00
    • Heat
    • $0.00
    • Water
    • $0.00
    • Hydro Electricity
    • $0.00
    • Home Insurance
    • $0.00
    • Maintenance
    • $0.00
    • Management
    • $0.00
Debts
  • TypeBalanceLimitRateRemainingPayment
  • Mortgage $185,000 - 3.60% Fixed 12 yrs, 10 mos $1,500.00 / Monthly
    • Mortgage
      $185,000
      3.60% Fixed
      $1,500.00 / Monthly
The calculations and estimated results in this report provide general information and are not intended as financial advice. The results are used for illustrative purposes and are subject to change without notice. This report simply gives you a good idea of your mortgage payments, costs and potential savings. Actual mortgage premiums, payment information and others payable are subject to the full set of underwriting policies and standards by each lender. For the complete TERMS and CONDITIONS visit https://www.canadianmortgageapp.com/terms
 

The calculations and estimated results in this report provide general information and are not intended as financial advice. The results are used for illustrative purposes and are subject to change without notice. This report simply gives you a good idea of your mortgage payments, costs and potential savings. Actual mortgage premiums, payment information and others payable are subject to the full set of underwriting policies and standards by each lender. For the complete TERMS and CONDITIONS visit https://www.canadianmortgageapp.com/terms

Report ID: dHSSxC--AKJD-r8ouE-x

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