Mortgage Affordability Calculator
How much house you can afford.
Planning a general contractor project?
Tell us what you need and local pros will get in touch. Free, no obligation.
Save your results to your home — free.Open the full tool →
How to use this calculator
- Enter household income and monthly debts.
- Enter your down payment and a rate.
- See the home price you can likely afford.
Tired of calling around? Post your project once and let local pros come to you.
Frequently asked questions
- How much mortgage can I afford?
- Lenders generally limit your total monthly debt payments to about 40% of gross income. This calculator backs out a home price from that limit.
- What is the mortgage stress test?
- In Canada you must qualify at the higher of your contract rate plus 2% or 5.25%, so your approved amount may be lower than a simple affordability estimate.
Free seasonal home maintenance tips
One email a month with what to check before the season turns. No spam, unsubscribe anytime.