Buying range
Mortgage affordability calculator.
Use income, debts and housing costs to build an initial purchase-price estimate under common Canadian qualification guidelines.
Planning estimate only. This uses 39% GDS, 44% TDS, 50% of condo fees, and a qualifying rate equal to the greater of 5.25% or the contract rate plus 2%. Lenders apply credit, property, insurer and product rules. Source: Financial Consumer Agency of Canada.