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Mortgage Product Comparison & Decision Workspace

Compare three mortgage offers over the same planning horizon using payment, interest, fees, cashback, package costs, balance reduction, prepayment room, portability, early-exit exposure, and rate sensitivity.

Who it helps: Home buyers, renewing borrowers, homeowners, investors, mortgage brokers, Realtors, lawyers, and financial planning conversations

Decision: Which mortgage offer best fits the borrower's documented cost, cash-flow, flexibility, and exit priorities beyond the headline rate?

Estimate details

Default scenario loaded. Adjust the assumptions below to match the property, client, or decision.

Preloaded scenarios

Tap a scenario to preload realistic assumptions, then tune the numbers for the specific property or client.

Borrower strategy and common scenario

Core assumptions

Use written lender or broker offers issued for the same borrower and mortgage purpose. The comparison horizon should not be mistaken for a rate forecast.

Comparison labelPrimary comparison priorityMortgage amount$Amortization used for comparison

5years25years35years

yearsComparison horizon

120

12months60months120months

monthsPotential early-exit point

120

1months36months120months

monthsPlanned extra monthly payment$Planned annual lump sum$

Mortgage offer AAdjust details

Offer labelRate typeStarting annual rate%Contract term

1years5years10years

yearsUpfront lender and setup fees$Cashback or lender credit$Required monthly package cost$Entered early-exit penalty estimate$Annual lump-sum privilege

100

0%15%100%

%Portability indicatedOpen or closed

Mortgage offer BAdjust details

Offer labelRate typeStarting annual rate%Contract term

1years5years10years

yearsUpfront lender and setup fees$Cashback or lender credit$Required monthly package cost$Entered early-exit penalty estimate$Annual lump-sum privilege

100

0%20%100%

%Portability indicatedOpen or closed

Mortgage offer CAdjust details

Offer labelRate typeStarting annual rate%Contract term

1years3years10years

yearsUpfront lender and setup fees$Cashback or lender credit$Required monthly package cost$Entered early-exit penalty estimate$Annual lump-sum privilege

100

0%10%100%

%Portability indicatedOpen or closed

Estimate generatedPlanning estimatePlanning estimateAssumption driven

Estimate confidence

59/100

This calculator is powered by user-entered assumptions and should be reviewed before decisions are made.

Planning lead

Offer B

Starting payment

$3,386.28

Modelled borrowing cost

$128,003.39

Cost spread across offers

$11,693.13

Decision brief

Planning lead: Offer B

Next action

Review Offer B first under the selected priority, then compare it directly with Offer B on modelled cost and Offer B on contract flexibility.

Key notes

Sources

What this means

Planning lead is Offer B. Use this as the anchor for your next conversation: Review Offer B first under the selected priority, then compare it directly with Offer B on modelled cost and Offer B on contract flexibility.

Report view

Client view keeps the decision clear. Professional view includes the calculation trail.

Ranked mortgage offer comparison

Rank	Offer	Type	Rate	Starting payment	Modelled cost	Principal reduction	Ending balance	Flexibility	Priority score
$1	Offer B	variable / closed	4.7%	3386.28	128003.39	99023.67	500976.33	80/100	95.0/100
$2	Offer A	fixed / closed	4.9%	3469.19	136066.59	97085.09	502914.91	65/100	41.1/100
$3	Offer C	fixed / closed	5.0%	3521.54	139696.52	95895.73	504104.27	38/100	9.5/100

Borrowing cost and cash-flow detail

Offer	Interest	Upfront fees	Package cost	Cashback	Borrowing cost	Scheduled and extra cash out	Cost per $100k
Offer A	136066.59	0.00	0.00	0.00	136066.59	233151.68	22677.76
Offer B	129153.39	350.00	0.00	1500.00	128003.39	227027.06	21333.90
Offer C	140396.52	900.00	900.00	2500.00	139696.52	235592.25	23282.75

Rate sensitivity

Offer	Starting rate	Starting payment	Payment at +1%	Monthly increase	Payment at +2%	Monthly increase	Rate-path limitation
Offer A	4.9%	3469.19	3825.56	356.37	4198.67	729.47	Sensitivity shown for renewal or alternative-rate planning
Offer B	4.7%	3386.28	3738.47	352.18	4107.66	721.38	Does not model timing or path of rate changes
Offer C	5.0%	3521.54	3880.49	358.95	4256.00	734.46	Sensitivity shown for renewal or alternative-rate planning

Early-exit exposure

Offer	Exit point	Balance at exit	Interest and net fees to exit	Entered penalty	Total modelled exit cost	Penalty source
Offer A	36 months	544611.34	84502.34	8500.00	93002.34	User-entered estimate; lender payout controls
Offer B	36 months	543361.55	79117.79	3500.00	82617.79	User-entered estimate; lender payout controls
Offer C	36 months	545376.94	86092.28	5000.00	91092.28	User-entered estimate; lender payout controls

Prepayment and feature review

Offer	Annual privilege	Modelled annual limit	Portability	Open / closed	Term warning
Offer A	15.0%	90000.00	yes	closed	Horizon is within entered term
Offer B	20.0%	120000.00	yes	closed	Horizon is within entered term
Offer C	10.0%	60000.00	unknown	closed	Comparison extends beyond entered contract term

Borrower decision brief

Decision lens	Current leader	Evidence	Question before selection
Selected borrower priority	Offer B	balanced	Does this priority reflect expected mobility, prepayment, cash flow, and renewal risk?
Lowest modelled borrowing cost	Offer B	128003.39	Are all fees, cashback conditions, package costs, and rate assumptions complete?
Lowest starting payment	Offer B	3386.28	Can the borrower absorb payment changes and renewal risk?
Strongest entered flexibility	Offer B	80/100	What do the actual prepayment, portability, refinance, and discharge clauses permit?
Cost spread	11693.13	60-month common horizon	Is the cost difference material relative to flexibility and uncertainty?

Suggested next steps

Review Offer B first under the selected priority, then compare it directly with Offer B on modelled cost and Offer B on contract flexibility.
Obtain the complete commitment, standard charge terms, cost-of-borrowing disclosure, prepayment clause, portability clause, cashback conditions, discharge fees, and penalty method for each offer.
Ask the licensed mortgage professional to explain rate type, payment behaviour, trigger provisions, conversion rights, qualification, lender restrictions, collateral-charge implications, and renewal options.
Shorten the common comparison horizon or add an explicit renewal-rate assumption before comparing beyond a product's entered contract term.
Replace every entered penalty with a current lender quote before making an early-exit or refinance decision.

Warnings

Results are educational estimates only and are not legal, financial, tax, mortgage, appraisal, accounting, or investment advice.
This model uses simplified monthly interest and payment math and may differ from Canadian mortgage compounding, payment frequency, rounding, interest adjustment, and lender statements.
Variable and adjustable products are held at the entered starting rate in the base comparison; future rate timing and path are unknown.
The +1% and +2% scenarios show payment sensitivity only and do not forecast rates or reproduce every variable-payment or trigger mechanism.
Cashback repayment, bona fide sales clauses, collateral charges, restricted products, portability, blend options, prepayment timing, and penalty formulas require contract review.
The flexibility score uses only entered prepayment percentage, portability, and open or closed status; it is not a product-quality or suitability rating.
Results are educational estimates, not mortgage, lending, legal, tax, accounting, investment, or financial advice.

No statutory source was required for this estimate. User-entered assumptions still need professional review.

RealEstateTools.ca provides educational estimates only. Results are not legal, financial, tax, mortgage, appraisal, accounting, or investment advice. Confirm all numbers with qualified professionals.

Quick answer

Mortgage Product Comparison & Decision Workspace helps home buyers, renewing borrowers, homeowners, investors, mortgage brokers, realtors, lawyers, and financial planning conversations decide: Which mortgage offer best fits the borrower's documented cost, cash-flow, flexibility, and exit priorities beyond the headline rate? It provides a transparent educational estimate with assumptions, warnings, source citations where applicable, and next steps for professional review.

How this tool should be used

Use the output as a decision aid, not a final answer. Some tools produce calculations, while others create checklists, timelines, comparison tables, or review prompts that help you move the file forward.

Frequently asked questions

What is the Mortgage Product Comparison & Decision Workspace?

Mortgage Product Comparison & Decision Workspace is a Canadian real estate planning tool for home buyers, renewing borrowers, homeowners, investors, mortgage brokers, realtors, lawyers, and financial planning conversations. It helps answer: Which mortgage offer best fits the borrower's documented cost, cash-flow, flexibility, and exit priorities beyond the headline rate?

Are the results guaranteed?

No. Results are educational estimates only and are not legal, tax, mortgage, appraisal, accounting, investment, or financial advice. Confirm all numbers with qualified professionals.

Does this tool use Canadian assumptions?

Yes. The platform is designed for Canada-first calculations, province-aware source metadata, Canadian terminology, and rule freshness tracking.

Can I export or save the result?

The free workflow includes email and PDF-style report calls to action. Saved report storage and account dashboards can be layered on later without changing the public calculators.

Mortgage Product Comparison & Decision Workspace

Estimate details

Borrower strategy and common scenario

How this tool should be used

Frequently asked questions

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