FAQs

Here’s a list of the questions that customers have asked us along with a few points of our own that we thought would be helpful to know. If you have a question that isn’t on the list, please send us an email at support@fuzioncalculator.com and we’ll get back to you within 2 business days.

What information can I get from Fuzion?

• Periodic payment amount
• Estimated monthly payment with property tax
• Estimated closing costs
• Land transfer tax amount
• Actual GDS & TDS
• Interest adjustment amount
• Net mortgage advance
• Default insurance premium
• Sales tax on the default insurance premium
• Equity amount – dollar or percentage
• Monthly payment savings for refinances
• The impact of accelerated payments to amortization and interest paid
• Calculation of the dates for 90 and 120 rate holds at the click of a button
• Real-time amortization schedule that shows the impact of payment increases, pre-payments and missed payments
• Information available to calculate the interest penalty
• A Pre-payment Summary that illustrates the effect of payment increases on the interest paid and the outstanding balance
• A concise report of customized “what-if” situations that allows your clients to visualize the effect of their options to their mortgage, simplifying the decision process
• A new Variable Rate Mortgage Advisor that quickly and easily lets you know when your clients should lock-in, switch or stay with their current variable rate mortgage

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