DoBuildProforma Studioby DoBuild

This model is an independent estimate produced by DoBuild Proforma Studio. Premium and fee figures follow CMHC’s published multi-unit schedule effective 2025-07-14, but loan sizing, underwriting value and program eligibility are determined solely by CMHC and the Approved Lender. Lender-side charges are market estimates, not published CMHC figures. Nothing here is a commitment, quote, or approval.

Light version

Cash investmentCMHC MLI SelectCMHC ACLPConventional loan
Build typePurpose-built rentalCondominiumLand subdivisionCustom build

CMHC ACLP (Apartment Construction Loan Program) is not available for this project as entered

  • CMHC multi-unit insurance covers rental housing only — all units and the structure must be owned and operated by the borrower. This project is owner-occupied.
  • Multi-unit insurance requires 5 or more housing units; this project has 0.

Switch to a conventional construction loan or cash, or change the inputs that fail the test. The figures below still compute, but they are not a route this project can take.

Custom build — quick feasibility proforma

Work through the sections one at a time. Enter one total project cost — no breakdown needed. Contingency and escalation are added if your number doesn’t already carry them, and all CMHC premiums, application fees and lender charges are pulled from the CMHC schedule automatically.

Results

Download the completed proforma as a spreadsheet or a report.

PRE-SUBMISSION DRAFT — NOT A CERTIFIED COST REPORT

Export

Total project cost

$0

$0 / unit · $0 / sf

Completed market value

$0

Finished home — no rent roll

Max ACLP loan

$0

Binding: Loan-to-Cost (residential)

ACLP · Tier 3 — entry terms

Scorecard, tier terms and the three interest phases

Streamstandard · min 5 units
Affordability points0
Market points0
Climate points0
Total points0
Points to Tier 165
Max LTC — residential90%
Max amortization / permitted terms45 yr · 10 yr term
Land equity may be financedNo
Qualifying rate (indicative 10-yr + 1.00%)2.00%
CMHC application fee (ACLP schedule)$0
Insurance premiumNone — CMHC lends directly
Residential loan — bound by LTC$0
Meets the $1,000,000 minimum loanNo
Phase 1 — interest financed by the loan (construction)$0
Balance at occupancy permit$0
Phase 2 — borrower-paid interest, monthly (lease-up)$0
Phase 2 total, out of pocket$0
Phase 3 — principal & interest, annual$0

Report accuracy

Estimate only · 0% verified

0% of total project cost is anticipated (estimated) and 0% is verified (quoted or contracted).

Verified

0% · $0

0 lines

Anticipated

0% · $0

0 lines

App-calculated

0% · $0

Program checks

  • ACLP interest is computed on CMHC's straight-line draw schedule; the draw-shape setting does not apply to this program.
  • Amortization capped at 45 years at Tier 3.
  • Enter CMHC's indicative 10-year fixed rate — the ACLP qualifying rate is that rate plus 1.00%.
  • ACLP is closed to prepayment and the takeout at end of term is mandatory: the loan must transfer to a CMHC approved lender, sized by the normal tests.

Advancing

Construction advancing & equity required

Total funded loan$0
Advance cap during construction (no holdback)90%
Advanced during construction$0
Rental achievement holdback$0
Peak equity required (before holdback release)$0
Equity remaining after stabilization$0
Equity required before first advance$0

Loan sizing

Residential and non-residential sized separately

Eligible cost basis (excl. financing fees & premium)$0
1 · Loan-to-Cost test$0
As-complete lending value (NOI ÷ cap rate)$0
Annual mortgage constant2.2222%
Contract rate0.00%
Qualifying rate (higher of contract & market)2.00%
Qualifying mortgage constant3.3666%
3 · DCR test (at qualifying rate)$0
Maximum base loan — Loan-to-Cost (residential)$0
Total funded loan$0
Annual debt service$0
DCR at contract rate0.00×
DCR at qualifying rate0.00×
Replacement reserve (deducted from NOI)$0
Underwriting NOI (after reserve)$0
Monthly payment$0
Repayment basisAmortizing
Balance at end of 10-year term$0
Effective loan-to-cost0.0%

Property

Acquisition & carry

TenureFree & clear
Purchase price$0
Closing fees (lending, brokerage, legal)$0
Cash required at close$0
Property tax during carry$0

Uses of funds

Development budget

A — Project Cost (owner-entered)$0
G — Operating to Stabilization$0

H — CMHC ACLP Financing Costs (direct CMHC loan — no premium)

H1 CMHC Application Fee (ACLP schedule)$0
H2 Interest During Construction — financed by the loan (18 months, computed)$0
H3 Draw / Administrative Fees$0
H4 Borrower's Legal Fees$0
H5 QS / Cost Consultant (draw monitoring)$0
H6 CMHC Mortgage Loan Insurance Premium — none under ACLP$0
Subtotal — H CMHC ACLP Financing Costs (direct CMHC loan — no premium)$0

I — Contingencies & Escalation

I1 Hard Cost Contingency (on hard construction)$0
I2 Escalation Allowance (on hard construction)$0
I3 Soft Cost Contingency$0
Subtotal — I Contingencies & Escalation$0
J — Government Taxes$0
Total project cost$0

Hard cost / sf

$0.00

Soft cost / sf

$0.00

Cost / sf GFA

$0.00

Cost / unit

$0

Contingency & escalation added by the app: $0.

Capitalization

Equity remainder & returns

Total project cost (incl. premium)$0
CMHC insured loan funded-$0
Potential government subsidy-$0
Equity remainder$0
Equity remainder as % of TPC0.0%
Investor equity retained$0
Sponsor equity retained$0
Investor cash invested$0
Year 1 investor distribution$0
Year 1 ROI on equity retained0.0%
Year 1 ROI on cash invested0.0%
Total 5-year distributions$0
5-year distribution multiple0.00×
Average yearly ROI on equity retained0.0%

0 units · 0 sf GFA · gross potential revenue $0 per year.