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Home Affordability Calculator

Find out how much house you can afford in Canada. Calculates maximum price using GDS and TDS ratios, the mortgage stress test, and minimum down payment rules.

Start calculating
  • No sign-up
  • Instant results
  • Restores your last inputs

1. Enter your numbers

Start with the assumptions you know.

2. Adjust the scenario

Change one input to see what matters.

3. Review the result

Use the estimate to compare and prepare.

Income & obligations
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Cars, loans, credit card minimums

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%
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Lenders count 50% of condo fees

Qualify at the greater of rate + 2% or 5.25%

What you can afford

Maximum purchase price

$552,778

Limited by TDS

Maximum mortgage

$465,455

Qualifying rate 6.79%

Gross monthly income
$10,000
GDS housing budget (39%)
$3,900
TDS budget after debts (44%)
$3,800
Available for principal & interest
$3,200
Down payment as % of price
18.1%
Minimum down required
$30,278
Estimated CMHC premium
$12,678
Down payment meets the minimum

A pre-approval from a licensed mortgage professional is the only way to confirm what you qualify for. Lender ratios and policies vary.

Rules last reviewed 2026-08-01.

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About this affordability calculator

Use this free Canadian real estate calculator to explore scenarios before speaking with a lender, REALTOR®, lawyer, accountant, or other qualified professional. Results are estimates and should not replace professional advice.