Canadian Mortgage Affordability

Stress-test · GDS/TDS · CMHC included

Devin Desaulniers

Axford Real Estate

Your Numbers

Household Gross Annual Income ($)

Other Monthly Debts ($)

Car, student, cards (≈3% of balance), LOCs

Available Down Payment ($)

Expected Rate (%)

Amortization

Annual Property Tax ($)

Monthly Heating ($)

Monthly Condo Fees ($)

Only 50% counts

Estimated Max Purchase Price

—

Max mortgage (incl. CMHC) —

CMHC premium —

Down payment used —

Stress-test rate —

Payment at your rate —

Payment at stress-test —

GDS Ratio —

TDS Ratio —

Educational estimate only — not a pre-approval. Actual results depend on credit, employment, property, and lender. Confirm with a licensed mortgage professional. Rules as of Sept 2026: qualifying rate = higher of contract + 2% or 5.25%; GDS ≤ 39%; TDS ≤ 44%.