Free check · 10 seconds

Are you ready for your mortgage?

Answer three questions and instantly get an estimate of your monthly housing budget, based on the same GDS/TDS ratios lenders use.

  • lockNo data stored, the calculation stays on your device.
  • verifiedBased on public CMHC thresholds (GDS 39%, TDS 44%).
  • paymentsFree, no account required.

Mini check

How much can I spend on housing?

$

Before tax, adding any co-borrowers.

$

Car, cards, student loans, lines of credit. Excludes current rent.

Estimated monthly housing budget

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Enter your amounts to see your estimate.

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Simplified estimate for information only. The housing budget includes principal, interest, taxes and heating. Your actual qualification depends on the rate, the stress test and the lender's policy. This site is not a mortgage brokerage.

verifiedPublic sources (CMHC, Canada.ca) lockNo data collection volunteer_activism100% free

How to read your result

Your estimate relies on two ratios. The more restrictive of the two sets your budget.

home_work

GDS ratio

Your housing costs should not exceed 39% of your gross monthly income.

balance

TDS ratio

Housing plus all your other debts should not exceed 44% of gross income.

target

The binding threshold

The higher your debts, the more it is the TDS that limits your housing budget.

Turn the check into a plan

Check your credit score, the factor that changes your rate and qualification the most.

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