What home can you afford in Canada?

Q: What home can you afford in Canada?

Affordability uses the 2026 federal mortgage rules (minimum down-payment tiers, $1.5M insured cap, 25/30-year amortization) and the stress test (qualify at the greater of your rate + 2% or 5.25%), with standard GDS 39% / TDS 44% limits and Canadian semi-annual compounding. Figures are 2026 estimates — verify with a lender.

Estimate your maximum home price from your income, down payment, and rate — using the 2026 federal mortgage rules and the stress test. Free to use.

Annual household income

Down payment

Mortgage rate

Other monthly debts

Amortization

You can afford a home up to

$440,218

≈ $2,340/month at 5.0% — qualified at the 7% stress-test rate

Your income supports up to $440,218; your down payment covers up to $750,000. The lower of the two is your limit.

A $402,315 mortgage on your $50,000 down payment.

Includes $12,097 CMHC insurance, financed into the mortgage.

Income is the limit here — a bigger down payment won't change this, but a higher income or lower rate would.

Educational estimate only — not a mortgage pre-approval. Confirm with a lender.

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