Confirm lender qualification and costs that are specific to your household and property.
Affordability calculator
Home affordability calculator for Canada
Compare a comfortable home budget, an estimated lender limit, and the maximum purchase your down payment may support.
Start calculating
Three ceilings. One clearer house-hunting range.
STEP 1 OF 2
Where is the property?
Choose a province or territory so taxes, transfer fees, and regional assumptions are tailored before you start.
Understand the result
Why one maximum is not enough
- The lender estimate uses the mortgage stress test and guides of 39% for housing costs and 44% for all debt payments.
- The comfortable range uses more conservative guides of 32% for housing costs and 40% for all debt payments. It is a planning signal, not a universal rule.
- The down-payment limit applies federal minimum rules, including the $1.5 million insured-mortgage threshold.
Formula and assumptions
Calculations are reproducible and use the published rules linked below. Service-cost amounts are planning allowances, not quotes.
Read the calculation methodologyFAQ
Common questions
How much house can I afford in Canada?
It depends on income, debt, down payment, mortgage rate, property costs, and lender underwriting. This tool separates a comfort estimate from a qualification estimate instead of presenting one number as certainty.
What mortgage stress-test rate is used?
The calculator uses the greater of 5.25% or the entered contract rate plus two percentage points.
A neutral Canada-wide guide to buying a home without a buyer's agent, including representation choices, professional handoffs, and province-specific resources.
Read the guide