Calculators
Canadian mortgage affordability calculators
Eight free calculators built on the same dated rules: the full affordability calculator plus focused tools for the stress test, GDS/TDS, CMHC insurance, income needed, down payment, closing costs and payments.
Mortgage affordability calculatorYour maximum price, payment, ratios and cash to close in one place.Open →Stress test impact on your budgetThe buying power the stress test removes, at your rate.Open →GDS & TDS calculatorTest a specific home against the 39% and 44% limits.Open →CMHC insurance calculatorPremium, sales tax and total mortgage for under 20% down.Open →Income needed calculatorWork backwards from a price to the income you'd need.Open →Down payment calculatorThe federal minimum for any price, plus the 20% line.Open →Closing costs & land transfer taxLand transfer tax, rebates and the rest of closing day.Open →Payment & amortization calculatorPayments by frequency, schedule and prepayments.Open →
Which calculator answers your question?
| Your question | Use | What it adds |
|---|---|---|
| How much house can I afford, and why not more? | Affordability plan | Lender maximum and a comfortable budget, the test that limits you, what it would take to reach a target, renewal check, cash to close by province |
| What rate do I have to qualify at? | Stress test impact | Qualifying rate, the payment you're tested at, and how much smaller a loan the same payment supports |
| Does this particular home fit my income? | GDS & TDS | Both ratios at the qualifying rate and the monthly room left under each limit |
| What will mortgage insurance cost me? | CMHC insurance | Premium by down payment, the 30-year surcharge, and sales tax on the premium in ON, QC and SK |
| How much do I need to earn for this price? | Income needed | The lowest household income that passes, and an income curve by price |
| What's the least I can put down? | Down payment | The federal minimum, the 20% line, and the premium at the minimum |
| How much cash do I need on closing day? | Closing costs | Land transfer tax or title fees for 10 provinces and 8 cities, first-time relief, premium sales tax, your own quotes |
| What will my payments be? | Payment & amortization | Six payment frequencies, yearly prepayments and a downloadable schedule |
All eight run in your browser, keep your numbers in the page address so you can share them, export to CSV, and print cleanly. Partners can also embed them on their own sites.