MORTGAGE TOOLS

How much house can I afford?

Our affordability tool uses standard GDS and TDS ratios to estimate your maximum home purchase price based on your financial profile.

Annual Income ($)

Down Payment ($)

Monthly Debt ($)

Interest Rate (%)

Property Estimates

Property Taxes ($/yr)

Heating ($/mo)

YOU CAN LIKELY AFFORD

Estimated Maximum Home Price

MAX MORTGAGE

MONTHLY PAYMENT

Get Pre-approved Now

Gross Debt Service (GDS)

Lenders typically want your housing costs (mortgage + tax + heat) to be less than 39% of your gross income.

Total Debt Service (TDS)

Lenders also calculate all debt obligations (housing + car + CC) to ensure it stays below 44% of your gross income.

The Stress Test

Our tool factors in the Canadian Stress Test, qualifying you at either 2% above your rate or 5.25%, whichever is higher.

Headquartered in Toronto, Canada

Mortgage Brokerage licensed in Ontario: FSRA 12984, Alberta: RECA LIC-00516872, British Columbia: BCFSA X301004, Manitoba Securities Commission licensed, Nova Scotia: License #2022-3000058, Newfoundland/Labrador: 23-07-HO061-1, New Brunswick: FCNB 210057266 and Saskatchewan: FCAA 512263.

Real Estate Licensed in Ontario, as a registered OREA Brokerage, West Avenue Real Estate. We are a member of the Canadian Mortgage Brokers Association (CMBA).

Proudly Canadian. Always Independent.