Tools › Mortgage
How much can I afford
This works backwards from your income to the largest mortgage a lender will approve at the qualifying rate, then adds your down payment to get a purchase price. It uses the same 39% and 44% ratios the insurers use.
Your numbers
Email me these numbers
You get this page as a PDF. We get your figures, so if you want to talk, the conversation starts from your actual situation.
Estimates only, for information. Not mortgage, tax or legal advice. Rates, rules and rebates change; confirm every figure with your lender, lawyer and the CRA before you rely on it.
Related tools
Mortgage payment
Payment, total interest and the full schedule, compounded the way Canadian lenders actually do it.
Down payment and mortgage insurance
Minimum down by price tier, the insurance premium at each tier, and the tax on it you pay in cash.
Stress test
The rate you are actually tested at, and what it does to your qualifying payment.