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Affordability Calculator

Looking to buy a home soon? Our mortgage affordability calculator will give you a high-level view of your maximum mortgage and home affordability.

Looking to save big on your mortgage?

We've got you covered! Our team scours 30+ banks and lenders to find you the best rates and features.

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The Ultimate Mortgage Guidebook

Whether you have already purchased or are looking to buy soon, being prepared is very important and will save you money. With so much to look forward to, it is important that you make the proper financial decisions during the mortgage process, as it could be one of the largest financial decisions you make in your life. This Mortgage 101 post will help you understand some of the basics to start your learning process on your way to a great mortgage. You can also view more posts here, or reach out to our team at any time with questions using our contact info. 

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How Does My Debt-To-Income Ratio Affect My Mortgage Affordability?

When you apply for a mortgage, lenders will take a variety of factors into account to determine whether or not you’re eligible for approval. One of the most important factors to consider is your debt-to-income ratio.  A debt-to-income ratio is also used to determine how much you’re eligible to borrow from the lending institution, which then determines the type of home or neighbourhood you can buy in.

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How You Can Prepare to Buy a Home as Prices Increase

As competition and home prices are increasing, it’s normal for buyers to feel overwhelmed and a little hesitant about entering the market. If you’re planning to buy a home during this time, here are some ways you can better prepare for this purchase.

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Don't overpay for your mortgage!

Our team can help you save thousands by shopping around to 30+ banks and lenders to secure the best rates and features.

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Mortgage Brokerage licensed in Ontario: FSRA 12984, Alberta: RECA LIC-00516872, British Columbia: BCFSA X301004, Manitoba Securities Commission licensed, Nova Scotia: License #2022-3000058, Newfoundland/Labrador: 23-07-HO061-1, New Brunswick: FCNB 210057266 and Saskatchewan: FCAA 512263.
Real Estate Licensed in Ontario, as a registered OREA Brokerage, Homewise Real Estate. We are proudly Canadian!

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