Enter your details to check affordability
Fill in the form above and click Run Affordability Check to see your full analysis.
Affordability Verdict
—
—
—
Overall Score
Comfortable Max
—
GDS ≤ 32% · strong approval odds
GDS Maximum
—
Based on 39% GDS limit
Stress-Tested Max
—
Qualifies at rate + 2%
TDS Maximum
—
Based on 44% TDS limit (all debts)
Debt Ratio Analysis
GDS — Gross Debt Service
Limit: 39% · Recommended: ≤32%
—%
TDS — Total Debt Service
Limit: 44% · Recommended: ≤36%
—%
Income Allocation
—
Housing
Monthly Budget Breakdown
Federal Stress Test
You must qualify at the higher of your contract rate + 2%, or 5.25%
Contract Rate
—
your actual rate
Stress Test Rate
—
qualifying rate used
Monthly at Stress Rate
—
vs actual payment
Max Mortgage (Stressed)
—
at stress-test rate
Extra Cushion Needed
—
per month at higher rate
Stress Test GDS
—
at qualifying rate
How These Numbers Are Calculated
GDS
Gross Debt Service Ratio
(Mortgage P+I + Tax/12 + Heat + 50% of condo fees) ÷ Gross Monthly Income. CMHC limit: 39%.
TDS
Total Debt Service Ratio
GDS costs + all other monthly debt payments ÷ Gross Monthly Income. CMHC limit: 44%.
5.25
Federal Stress Test
You must qualify at the higher of your contract rate + 2%, or 5.25% — whichever is greater. This is mandatory for all mortgages in Canada since 2021.
MAX
Maximum Purchase Price
Calculated by solving for the loan amount that keeps GDS ≤ 39% and TDS ≤ 44%, then adding your down payment.
Ready to build your full amortization schedule?
See exactly how every dollar splits between principal and interest — month by month.
Results are estimates for informational purposes only. Actual qualifying amounts may vary. Consult a licensed mortgage professional.