Mortgage · Canada

Mortgage affordability.

Find out how much home you can afford. Uses Canadian Gross Debt Service (GDS) and Total Debt Service (TDS) ratios applied to your income, debts, and down payment.

Inputs

Income & debts
$
Combined household income before taxes.
$
Car loans, credit cards, student loans, etc.
$
Mortgage
%

You can afford

Fill the form and press Calculate.

Understanding GDS and TDS

GDS (Gross Debt Service): housing costs (mortgage, property tax, heating, 50% of condo fees) should not exceed 32% of gross monthly income.

TDS (Total Debt Service): housing costs plus all other debt obligations should not exceed 40% of gross monthly income.

This calculator estimates the maximum mortgage and home price your income can support at these standard ratios with a 1% property tax estimate and $100/month heating.

Disclaimer

Estimates for educational purposes only. Real approval amounts depend on credit score, employment history, and lender-specific stress-test requirements.