Harmeet Singh, REALTOR®Tools › Mortgage
How Much Can I Afford
This works backwards from your income to the largest mortgage a lender will approve at the qualifying rate, then adds your down payment to get a purchase price. It uses the same 39% and 44% ratios the insurers use.
Your Numbers
Your Personal Report
Save these numbers as a branded image, or have it emailed to you. If you want to talk, the conversation starts from your actual situation.
Estimates only, for information. Not mortgage, tax or legal advice. Rates, rules and rebates change; confirm every figure with your lender, lawyer and the CRA before you rely on it.
Related Tools
Mortgage Payment
Start with the home price. Down payment, mortgage insurance, property tax and fees become one true monthly cost.
Down Payment and Mortgage Insurance
Minimum down by price tier, the insurance premium at each tier, and the tax on it you pay in cash.
Stress Test
The rate you are actually tested at, and what it does to your qualifying payment.