Borrowing capacity

Estimate the purchase price and mortgage you could qualify for — based on GDS (39%), TDS (44%) and the stress test.

Your information

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Assumption: property tax at 1% of price per year.

Results

Maximum purchase price —
Mortgage (CMHC premium incl.) —
Estimated payment (principal + interest) —
Total monthly cost (incl. tax, heating, condo) —
Qualifying rate used —
The down payment is below the minimum required for this price — the result accounts for it.

Estimate for guidance only. Actual figures depend on your file, the lender and the market.

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