You could afford a home up to:
$
With a down payment of $
For a total mortgage amount of
$
that includes CMHC insurance up to $
Your estimated mortgage payment is:
$
*This is a rough estimate based on your income and the Government of Canada's 5-year "stress test" rate necessary for qualifying. This is assuming applicants have a good credit score. Your down payment can limit the above amount in various ways. For an accurate assessment, please complete a pre-approval. A mortgage specialist will look at your situation to discuss your options. It's completely free, and there is no commitment.