Your MogoMortgage dashboard is designed to give you more insight into your mortgage once it has been funded.
On it, you can see info like:
- How you’re progressing through the mortgage term including amount paid, amount remaining to be paid, and the % of your term remaining.
- The key terms in your mortgage such as your payment amount and frequency, starting principal, mortgage type and the maturity date so you always know where you started.
Your dashboard is based on estimated values using your mortgage details when you started your mortgage. We use standardized mortgage amortization calculations in Canada. As long as you’re making your payments and continue to make progress, the dashboard should give you a pretty good idea of how you’re doing for your planning purposes. E. & O. E.