Perch

Perch is a financial services company and digital mortgage broker based in Toronto, Ontario. The company offers an analytics-driven digital real estate platform. The platform is designed to provide homeowners with insights on buying, mortgage renewals, refinancing, and selling. Perch aims to aid home buyers or real estate investors manage their investments by providing information on topics such as interest rate predictions and Bank of Canada interest rate changes.

The company offers the following tools to users:

• Mortgage Calculator: This tool helps users gain insight into their mortgage payments, their total cost of borrowing and how they can save some money
• Qualifier: This is used to evaluate if users can afford their target property and gain insight into their purchasing power
• Rent vs. Buy: This is used to compare the value of a property instead of buying it
• Closing cost calculator: This tool is used to get an estimate of closing costs if a property was purchased
• Mortgage Penalty Calculator: This calculator is used to determine the cost of breaking existing mortgage and determining the feasibility of switching mortgages
• FTHBI Benefit Calculator: This is used to determine if buying with the First Time Home Buyer Initiative (FTHBI) is beneficial to the user