It brings income, liabilities, property expenses, and mortgage structure into one streamlined workspace built specifically for accurate GDS and TDS calculations.
This tool is designed for speed, clarity, and precision, especially when working under tight timelines.
How to Access the Assessment Tab
Open any Mortgage File
Navigate to the top file navigation bar
Click Assessment (located alongside Documents, Advisors, Notes, etc.)
Top Toolbar Overview
At the top of the Assessment tab, you’ll see a live snapshot of key underwriting metrics:
Loan-to-Value (LTV)
Gross Debt Service (GDS)
Total Debt Service (TDS)
Qualifying Payment
Total Income
Status:
A Deal
Needs Exception
Alternative
Private
You’ll also see:
Loan Amount
CMHC Premium
Total Mortgage Amount
Total Debts
This header updates automatically as you adjust inputs.
Multiple Assessments
You can create and save multiple assessments within the same file.
This allows you to:
Compare different scenarios
Test purchase price changes
Adjust down payments
Modify amortizations
Review historical calculations
You can toggle between saved assessments at any time.
Mortgage Request Section
This is where your underwriting calculation begins.
Required Inputs
Purchase Price
Down Payment
First Mortgage Amount
Second Mortgage Amount (if applicable)
CMHC Insurance Calculation (Auto-Calculated)
Broki automatically calculates CMHC insurance premiums based on down payment percentage:
Down Payment | CMHC Premium |
15% or more | 2.80% |
10% – 14.99% | 3.10% |
5% – 9.99% | 4.00% |
30-Year Amortization Surcharge
An additional 0.20% premium applies for 30-year amortizations.
The system automatically:
Calculates the insurance premium
Adds it to the mortgage amount
Displays the Total Mortgage Amount Used for Qualification
Even if the premium is $0, the total mortgage amount used for qualification is still displayed.
Qualifying Details
After structuring the mortgage, enter your qualifying inputs.
Interest Rate
The qualifying rate is automatically calculated as:
Contract Rate + 2% (Semi-Annual Compounding)
Amortization
Select your amortization period.
The system uses:
Total mortgage amount (including CMHC)
Qualifying rate
Selected amortization
This produces the Qualifying Payment, which feeds directly into GDS and TDS.
Borrower Income Section
Enter only the income required for qualification.
This section is designed for quick review while referencing supporting documents inside the file.
Total income updates automatically in the top toolbar.
Liabilities Section
Add borrower liabilities including:
Credit cards
Lines of credit
Student loans
Personal loans
Car loans
Any other obligations
These values feed directly into TDS calculations.
Override Function (Unsecured Debt Flexibility)
By default:
Unsecured debts (credit cards, lines of credit, student loans) are calculated at 3% of the balance
If you toggle Override:
They are calculated at 1% of the balance
Otherwise:
The system will use the monthly payment entered
This allows flexibility when qualifying under different lender guidelines.
Other Properties Section
If the borrower owns additional properties, enter:
Property taxes
Condo fees
Mortgage payment
Rental income offset
Rental income add-back
These values are incorporated into TDS automatically.
Subject Property Details
Enter all expenses related to the property being purchased:
Property taxes
Heating
Condo fees (if applicable)
Mortgage payment (auto-calculated from qualifying)
These figures feed directly into GDS and TDS.
GDS & TDS Calculations
Once all inputs are complete:
GDS and TDS calculate automatically
Ratios are displayed at the top of the screen
Click either ratio to view a full calculation breakdown
This provides full transparency into how the ratios were derived.
Why Use the Assessment Tab?
The Assessment Tab allows you to:
Underwrite files quickly
Avoid preparing full applications prematurely
Run multiple structuring scenarios
Access documents while reviewing income
Save time under deadlines
Present clear qualification scenarios to clients or partners
Ideal for:
Quick pre-qualification checks
Time-sensitive offers
Comparing mortgage structures
Stress-testing before submission
Best Practice
Use the Assessment Tab early in your file workflow to validate deal structure before preparing a full submission.
Save multiple assessments to compare lender guidelines, amortizations, and structuring options efficiently.