Renewal calculator

What is in your renewals?

Your numbers, your assumptions. Nothing you enter is stored or sent.

Your number. Or use the estimate below

Estimate: agents × funded deals per agent
agents
deals

Five-year terms: one year's deals mature each year

$

Your average.

bps

Industry range roughly 50 to 120 bps

bps

Many big banks pay nothing on a straight renewal

%

No published Canadian figure. Use yours

%

About 29% of borrowers change lenders at renewal nationally

Your maturities this year are worth $299,578 in commission.

A refinance file pays 8 times a renewal.

Value of a switch or refinance file
$2,800
Value of a same-lender renewal file
$350
Blended value per file you fund again
$1,453
Commission on maturities this year
$299,578
Commission on maturities you are not paid on
$245,109

Two things that move the number

+$27,234

+$25,266

This shows the arithmetic of your book. It is not a forecast of what MyFi will do.

Try it on five of your files

See how MyFi prepares your maturing clients