Mortgage Affordability Calculator

Maximum home price

$213,712

$163,712 mortgage plus your $50,000 down payment.

Cost each month
$2,247
Cash on closing
$54,050
Cost if rate hits 7.0%
$2,442

Uses the 39% and 44% debt-service limits Canadian lenders apply, with owner costs assumed at $1,295 a month. An estimate, not an approval.