Net Worth & TDSR For 100% Loans

Use this calculator to estimate your client's net worth and total debt service ratio (TDSR) as these two factors impact their ability to be approved for 100% Loans. Start by entering all assets and liabilities to establish your client's net worth. When you have completed the net worth calculation, proceed with estimating your client's TDSR.

Net Worth Calculation
TDSR Calculation
Assets Liabilities
Principal residence (?) Principal mortgage (?)
Other real estate (?) Other mortgages (?)
Registered savings (?) Home equity line of credit (?)
GICs Line(s) of credit (?)
Cash Personal Loan(s) (?)
Other investments (?) Credit Card(s) (?)
  Student Loans (?)
  Other debts (?)
Total Assets (?) Total Liabilities
Results
Net worth (?)  
Monthly Income Monthly Payments
  Housing
Employment income (?) Mortgage on principal residence (?)
Commissions (?) Mortgage(s) on other properties (?)
Rental Income (?) Property taxes (?)
Other income (?) Rent/Condo fees (?)
  Other payments
  Home equity line of credit (?)
  Unsecured line(s) of credit (?)
  Credit Card(s) (?)
  Car loan or lease (?)
  Other payments (?)
Total Monthly Income Total Monthly Payments
  Maximum monthly loan payment (?)

Based on most recent assessment.

Includes rental and any other investment properties.

Use current values as shown on most recent RRSP, LIRA, RRIF and LIF statements.

Includes stocks, bonds and mutual funds. Include any other assets not already listed. Motorized vehicles, boats, antiques, collectibles and art are excluded.

This is the sum of all of your client's assets.

This is determined by taking the sum of your client's total assets and deducting their total liabilities. B2B Trust Net Worth Minimums for 100% Investment Loans are:
- 1 x loan amount for loans < $100,000 
- 1.5 x loan amount for loans > $100,000

Enter current value of mortgage on principal residence as shown on most recent mortgage statement.

Enter the current value of all other mortgages as shown on most recent mortgage statements.

Enter the monthly payment amount as shown on your client's last statement.

Enter the outstanding balance as shown on your client's last statement.

Enter all personal loans (e.g. debt consolidation, financing home improvements, automobile)

Enter the outstanding balance as shown on your client's last statement. (e.g. bank held or department stores).

Enter the value of all student loans as shown on your client's last statement.

Include any other loans not already listed.

Include the total monthly payment amount for all other debt obligations not previously included in the list. (e.g. RRSP or Investment loan payments, personal loans, unpaid income taxes – CRA approved monthly payment, alimony/child support.)

This is the maximum monthly loan payment that your client can make in order to ensure that their TDSR is equal to 40%, B2B Bank's maximum limit for 100% Investment Loans.

Enter your client's gross monthly salary (including any applicable bonuses) as shown on pay stub or T4. If your client is self-employed, enter income as shown on your client's Notice of Assessment and Financial Statements.

Enter all monthly income originating from commissions as shown on your client's Notice of Assessment.

Enter all declared monthly rental income received.

Include any other monthly income not already listed (e.g. annuities, pensions, RRIFs, LIFs).

Enter your client's monthly mortgage payment for their principal residence.

Enter your client's monthly mortgage payment for any other properties.

Enter the amount of taxes paid on the principal residence as shown on the most recent tax assessment.

Enter your client's monthly rent or condominium fees if applicable.

Enter the monthly payment amount as shown on your client's last statement.

Enter the monthly payments for all car loans or leases.

Enter the total monthly payment amount for all bank held or department store credit card(s) as shown on your client's last statement(s).

The calculations shown are for illustration purposes only. Actual rates and amounts may differ. All loans are subject to B2B Bank approval and the calculations shown may not be the actual figures used for B2B Bank's loan application and underwriting processes. B2B Bank cannot be held responsible for the accuracy of the calculations performed or the amounts indicated.