Affordability calculator
Plan your maximum purchase price with OSFI guidelines.
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- Save unlimited scenarios and track changes over time
- Compare rate options side by side with broker feedback
- Export reports for underwriting or renewal planning
Standard is 5.25%
Affordability calculator
See the maximum purchase price supported by your income and down payment.
How this calculator works
Estimate the maximum purchase price based on income, debts, and stress-test rules.
Compare multiple scenarios to find a comfortable payment range.
Inputs you will need
- Household income
- Monthly debt payments
- Down payment amount
- Property taxes, heating, and condo fees
- Target rate and amortization
Assumptions and limitations
- Uses standard GDS/TDS ratio guidelines.
- Applies stress-test qualifying rates.
- Does not replace lender underwriting.
Example scenarios
$140k household income
See maximum purchase price at 25-year amortization.
Debt reduction scenario
Remove a car loan to see how affordability changes.
Related tools
Save and compare scenarios
Create a free account to save scenarios, compare options side by side, and share results with your broker team.
Frequently asked questions
Why is my maximum lower than expected?
Debt ratios and stress-test rules can reduce qualifying amounts.
Does down payment affect affordability?
Yes. A larger down payment reduces the mortgage amount and ratios.
Is this a pre-approval?
No. It is an estimate. Lenders must verify documents for approval.