Borrowing capacity

Calculate your purchase capacity using Canadian lending criteria

Gross annual income

Your income

Partner income

Existing monthly payments (car, cards, etc.)

Annual: 0 $

Available down payment

Mortgage rate (%)

Amortization

Credit score720 — Very good

300620680750900

Maximum purchase price

431 831 $

Down payment: 80 000 $ (18.5%)

Mortgage capacity

Max by GDS

351 831 $

Max by TDS

396 938 $

Est. monthly payment

2 600 $

ABD/GDS (max 39%)39.0%

ATD/TDS (max 44%)39.0%

OSFI Stress test

Contract rate5.50%

Qualify rate (+2%)7.50%

Regulatory floor5.25%

Qualify at max(rate + 2%, 5.25%)