Your mortgage
Income, debts, proposed payments and the property you want to buy.
Home mortgages · Ontario
A mortgage that fits your home and your plans.
Buying, renewing or refinancing starts with what you need from your home and your money. We compare the financing options against your income, budget and plans, then explain the payments, costs and flexibility.
Discuss your home mortgage ↗
Buying a home
Plan for the purchase and the cost of living there.
We review your income, debts and available funds before discussing the mortgage. Bring us the property details when you have them: a preapproval does not replace the lender’s final assessment of the property and application.
Your closing funds
The down payment and purchase costs, with money left for moving and reserves.
Your monthly budget
Mortgage payments alongside property taxes, insurance, utilities and upkeep.
A purchase plan you can work withReview both the financing available and the ongoing costs you are comfortable carrying.
How Streetwise helps
Compare more than the payment.
We explain how the mortgage terms fit what you expect to do during the next term. A future move, extra payments or a change in income belongs in the discussion now.
Self-employed? See how we review business income →Your plans and timeline
Tell us whether you are settling in, expecting to move or making changes to the property.
Your income and borrowing
We review the information behind the application and identify the records needed.
The cost of each option
Compare the payments, fees and relevant conditions before deciding how to proceed.
Already own your home?
Use your next mortgage decision to review what has changed.
Your current mortgage is the starting point. We compare keeping it with the options for a new term or a refinance.
At the end of your term
Review your renewal.
A renewal is a chance to reconsider your plans, payment budget and mortgage features. We compare the next term with alternatives and explain what switching lenders would involve.
Review my renewal ↗Changing the mortgage
Know what a refinance would leave you.
Start with the proposed new mortgage, then account for debts being paid out and refinancing costs. Review the funds remaining alongside the new payment and repayment period.
Discuss a refinance ↗New mortgage − debts repaid − refinancing costs = funds remaining
Home financing guides and tools
Work through the costs before you decide.
Interactive calculator
Estimate Ontario closing costs
Build an estimate of the purchase costs beyond your down payment.
Open the calculator →
Interactive calculator
Compare a refinancing scenario
Review costs, payments and estimated funds remaining.
Open the calculator →
Financing guide
Understand equity and refinancing
See how property equity differs from the money a refinance could make available.
Read more →Talk to Streetwise
Tell us what you are planning.
Share the property’s location, what you want to do and any important dates. You do not need financial documents to get in touch.