Maximum Mortgage Calculator – What's the maximum home value you can afford ?
Know Your Home Loan Limits
Before you start house hunting, find out how much you can afford with our Maximum Mortgage Calculator. This tool estimates the highest mortgage you qualify for based on your financial profile.
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Home Expenses
To budget better and calculate a more realistic Total Monthly Cost, enter the additional home expenses here.
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monthly
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yearly
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Affordability Level
The affordability level helps you decide how much of your disposable income is allocated to mortgage payments, home expenses and monthly debt payments.
GDS / TDS
Rate
Enter your mortgage interest rate. This rate will be used in calculations to determine your maximum mortgage amount and monthly payments.
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Maximum Mortgage Amount
$0
Stress Test Rate
6.34%B-20
GDS / TDS
39 % / 44 %
Monthly Breakdown
$4,467 (36 %)
$0 (0 %)
$408 (3 %)
$7,625 (61 %)
The calculations provided by these tools are for illustrative purposes only and do not create any legal or contractual obligations. All figures are approximate and may vary. The granting of financing or any financial decisions should be made in consultation with qualified professionals.
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Laurie PepinResidential and commercial real estate broker - G1977
Remax 1er Choix – Québec, QC
Contact
French, English
My Links
5300 boul. des Galeries bur. 110