About FinanceApp.ca
A free Canadian personal-finance workspace, part of the MITEY network.
FinanceApp.ca is a free set of Canadian financial calculators and a private planning workspace, run as part of the MITEY network of personal-finance sites. It is not a bank, lender, brokerage or financial adviser. It explains and calculates; decisions and advice belong with you and a licensed professional.
What we publish
20 pages of tools and a toolbox of 22 more from the MITEY calculation engines, which the network's specialist sites also use. Mortgage maths uses Canadian semi-annual compounding; rules come from OSFI, CMHC, the provinces, Service Canada and the CRA; rates from the Bank of Canada. Each page shows the date its rules were checked.
Editorial standards
- No invented people, reviews, user counts, awards or partner lenders.
- Every rate and rule has a source and a date; estimates are labelled as estimates.
- When a rule changes we update the module that holds it and note it in the methodology changelog.
How the site is paid for
The tools are free and carry no ads for financial products. If you ask for help through a form, your message goes to the MITEY network team, who may refer you to a licensed professional when you ask them to. The site has long shown a phone line for its concierge mortgage team (+1 587-415-7110).
Questions about a figure? Write to us; a person answers.