Affordability calculator

How much home can you afford? This estimate uses the federal stress test (the higher of your rate + 2% or 5.25%) and standard GDS/TDS lending limits.

Gross annual household incomeDown payment availableMonthly debt payments (loans, leases, cards)Mortgage rate (%)

Stress-test qualifying rate
Maximum monthly housing cost (GDS 39%)
Estimated maximum mortgage

Assumes 25-year amortization, property tax at 0.7% of value and $150/month heating. Lender criteria vary; talk to Chris or a mortgage broker for a real pre-approval.