Borrowing capacity

Find out the maximum purchase price based on your income, debts and down payment.

Gross annual household income$Monthly debt payments (car, cards, loans)$Available down payment$

Interest rate%Amortization

Property taxes / year$Heating / month$Condo fees / month$

Estimated maximum purchase price

$560,026

Qualifying at a rate of 6.49% (stress test)

Maximum mortgage: $515,527
Monthly payment (qualifying rate): $3,450
GDS ratio (max. 39%): 39.0%
TDS ratio (max. 44%): 43.5%

Calculated with the gross (GDS) and total (TDS) debt service ratios and the federal qualifying rate (the higher of your rate + 2% or 5.25%). Estimate only: get a pre-approval from your lender.

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