Disclaimer: Estimates only. Not legal, tax, mortgage, or financial advice.
Use a Canadian lawyer and get independent legal advice (ILA) for both parties.
Results
RTO rent (per month)
$—
Monthly rent credit
$—
Total rent credits (term)
$—
Option fee (upfront)
$—
Tenant Buyout
Estimated purchase price (end of term)$—
Projected market value (end of term)$—
Total credited toward purchase$—
Net amount still needed at closing*$—
*Assumes credits reduce purchase price. Your agreement may treat credits differently.
Landlord Snapshot
Estimated mortgage payment$—
Estimated cashflow (before tax)$—
Principal paid down (term)$—
Mortgage balance (end of term)$—
Equity Extraction Planner
Model a refinance/cash-out or HELOC based on a new appraisal and LTV limits.
Inputs
Tip: Use an updated appraisal after renovations or market appreciation.
CLTV = mortgage + HELOC combined vs property value.
Outputs
Max loan allowed (LTV)$—
Max cash-out available (after paying current mortgage + fees)$—
Feasible cash-out (requested vs max)$—
New mortgage payment (refi)$—
Cashflow after refi (simple)$—
Rent coverage ratio (RTO rent / (pmt+costs))$—
HELOC limit (based on CLTV)$—
HELOC interest-only payment (estimate)$—
Cashflow after HELOC draw$—
Lenders use different rules (stress tests, rental addbacks, property type, income, etc.).
Treat this as a planning tool.