FSRA License #13667
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Overview
Realtors - give your buyers instant financing clarity at every showing.
This free tool generates a property-specific financing snapshot you can share with clients: estimated payment, down payment required, closing costs, and land transfer tax - branded with Black Knight Capital contact info.
A financing sheet is not a mortgage pre-approval. It is a structured comparison and education tool that helps buyers understand what a property might cost - before they write an offer.
What a Financing Sheet Includes
| Section | Details |
|---|---|
| Property details | Address, list price, property type |
| Estimated monthly payment | Principal + interest based on rate, amortization, and down payment |
| Down payment | Dollar amount and percentage |
| Mortgage amount | Purchase price minus down payment |
| CMHC/default insurance | If down payment is less than 20% |
| Land transfer tax | Provincial + Toronto municipal (if applicable) |
| First-time buyer rebates | Applied automatically when eligible |
| Estimated closing costs | Legal, title insurance, adjustments |
| Total cash needed at closing | Down payment + closing costs + LTT |
| Broker contact | Pre-approval CTA with Bobby's info |
Tool Inputs
- Property address
- List price
- Mortgage rate (current estimate)
- Down payment percentage
- Property type (detached, condo, townhouse, multi-unit)
- Payment frequency (monthly, biweekly, weekly, semi-monthly)
- First-time buyer? (Y/N)
- City (for LTT calculation - Toronto vs. rest of Ontario)
- Realtor name and photo (co-branded output)
- Property photo
- Estimated monthly payment
- Down payment amount
- Estimated closing costs
- Land transfer tax (with rebates applied)
- Total cash needed at closing
- Pre-approval call-to-action
Sample Financing Scenarios
Example: $850,000 Detached - Vaughan, ON
| Item | Amount |
|---|---|
| Purchase price | $850,000 |
| Down payment (10%) | $85,000 |
| Mortgage amount | $765,000 |
| CMHC premium (est.) | ~$24,000 |
| Monthly payment (5-yr fixed, 25-yr am, 4.5%) | ~$4,200 |
| Ontario LTT | ~$13,475 |
| Closing costs (est.) | ~$3,500 |
| Total cash needed | ~$125,000+ |
Example: $650,000 Condo - Toronto, First-Time Buyer
| Item | Amount |
|---|---|
| Purchase price | $650,000 |
| Down payment (10%) | $65,000 |
| Ontario LTT | ~$9,475 |
| Toronto municipal LTT | ~$9,475 |
| FTHB rebate (combined) | -$8,475 |
| Net LTT | ~$10,475 |
| Total cash needed | ~$90,000+ |
Financing Sheet vs. Pre-Approval
| Financing Sheet | Pre-Approval | |
|---|---|---|
| Purpose | Property-specific payment estimate | Confirmed borrowing capacity |
| Credit check | No | Yes (hard inquiry) |
| Income verified | No | Yes |
| Rate hold | No | Yes (90-120 days) |
| Needed for offers | Helpful, not sufficient | Strongly recommended |
| Turnaround | Instant | 24-48 hours |
Buyers should get pre-approved before writing offers. Financing sheets help them understand affordability during the search - pre-approval confirms what they can actually borrow.
Payment Frequency Options
| Frequency | Payments/Year | Effect |
|---|---|---|
| Monthly | 12 | Standard |
| Semi-monthly | 24 | Slightly faster paydown |
| Biweekly | 26 | Equivalent to 1 extra monthly payment/year |
| Weekly | 52 | Fastest paydown |
| Accelerated biweekly | 26 | Extra principal each year - saves interest |
Why Realtors Partner with BKC
- Fast pre-approvals - 24-48 hour turnaround for standard files
- Alternative lending - we save deals when banks decline (self-employed, newcomer, bruised credit)
- 24/7 broker access - Bobby responds evenings and weekends
- Co-branded sheets - your name + BKC on every financing estimate
- Deal-saving expertise - private, B-lender, and commercial options when A-lenders say no
How to Use at Open Houses & Showings
1. Before the showing - Generate a sheet for the listing with current rates 2. At the showing - Hand buyers a branded PDF with payment breakdown 3. After the showing - Follow up with pre-approval link 4. For multiple offers - Generate comparison sheets for 2-3 properties
Financing sheets work for renewals too - compare renewal offers side by side for past clients.
Refer a Client
Realtors who refer clients to Black Knight Capital get dedicated service and transparent communication throughout the deal.
2. Bobby completes finance discovery within 24 hours 3. Pre-approval issued with rate hold 4. You receive status updates through closing
- Referral process:
- 1. Share client contact info or have client mention your name
Frequently Asked Questions
Is the financing sheet a formal mortgage offer?
No. It provides estimates and comparisons, not approvals. Buyers need pre-approval before making offers.
Can I add my branding?
Yes - co-branded sheets include your name, photo, and contact alongside Black Knight Capital.
What rate should I use?
Use current market rates or contact Bobby for today's best available rate for your client's profile.
Does it include CMHC insurance?
Yes - for down payments under 20%, the sheet estimates default insurance premium and Ontario PST on the premium.
Can builders use this tool?
Yes - a builder financing sheet variant is available with builder rep details and community branding.
Black Knight Capital Inc. · FSRA License #13667 · OAC. For general education only - not tax, legal, or lending advice. Not a commitment to lend.
