Looking to buy a home soon? Our mortgage affordability calculator will give you a high-level view of your maximum mortgage and home affordability.
Max Home Affordability
Monthly Mortgage Payment
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* These calculations are just an estimate. Calculations are based on the Bank of Canada five-year mortgage rate used in mortgage stress tests and assume no change in the interest rate over the life of the mortgage. This rate is your offered rate + 2% and is subject to change. The actual qualifying interest rate for your morgage may be different. To get a true overview of your affordability, apply online in 5 minutes and a Homewise Advisor can overview your full financial picture.
Mortgage Brokerage Licensed in ON #12984, BC #X301004, MB and AB. Homewise can pursue mortgage brokering activity in SK, NL, NS and NB. We are proudly Canadian!