RenewalIQ
By David McCrory on AppTrack Ninja.
Canadian mortgage renewal math
Canada's mortgage renewal wave is here. If your mortgage is coming due, you're facing the most consequential financial decision of the next five years — and most calculators are either wrong or designed to sell you something. RenewalIQ is different. It's a one-time-purchase decision tool built for Canadian homeowners who want the math, not a sales call. Why it's different Every mortgage calculator built for the US market uses the wrong compounding. Canadian mortgages compound semi-annually under the Interest Act — not monthly. RenewalIQ uses the correct formula throughout. That's not a footno…
Categories: Finance, Productivity
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