Calculators / Mortgage Affordability Calculator
Calculators / Mortgage Affordability Calculator
Mortgage Affordability Calculator
Estimate how much home you may be able to afford, using the same GDS/TDS debt-service ratios and federal stress test lenders use to qualify borrowers.
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Estimated maximum home price
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Maximum mortgage amount
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Qualifying (stress test) rate used
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Limiting factor
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Estimate only, using standard Canadian GDS (39%) / TDS (44%) debt-service ratios and the federal mortgage stress test (qualifying at the greater of your rate + 2%, or 5.25%). Assumes $100/month heating cost. Your actual approval depends on your lender's full underwriting.
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