The amount of information you need to gather to get started on the mortgage process can feel overwhelming. CIBC offers a full suite of easy-to-use tools that will help you get everything you need, all in one place.
Knowing how much of a mortgage you can afford could help you to find the home in right price range to fit your budget. Use this tool to review your household income and expenses.
Calculate how much your mortgage payments will be. See how changing your payment frequency and making pre-payments can save on your interest cost over the life of your mortgage.
Find out what charges you may incur if you prepay all or part of your mortgage.
Find the mortgage that suits you best with the tool designed to match the ideal mortgage for your current situation. Simply answer a few questions to get to the right mortgage solution.
If you want to make a major purchase, renovate or consolidate debt, use this tool to calculate your available home equity and how much you can borrow based on this amount.
Use this calculator to see how rental payments would compare to a mortgage payment. Plus, see how much equity you can build by purchasing your own home and how that could compare to other investments.