Affordability & Stress Test

Check your GDS/TDS at the qualifying rate and estimate your maximum affordable mortgage — or test a specific scenario.

Household gross income (annual)Monthly non-mortgage debts

Property tax (annual)Heating (monthly)Condo fees (monthly)

Contract rate (annual %)Benchmark rate (annual %)Amortization (years)

GDS limit (%)TDS limit (%)

Qualifying (stress-test) rate

6.84%

max(Contract 4.84% + 2%, Benchmark 5.25%)

Payment per $1,000 at qualifying

$6.97

25 years amortization

GDS cap (monthly)

$4,550

TDS cap (monthly)

$5,133

Counted housing costs

$470

Taxes $350 + Heat $120 + 50% Condo $0

Other debts (monthly)

$350

Allowable mortgage payment (GDS)

$4,080

Allowable mortgage payment (TDS)

$4,313

Max affordable mortgage (principal)

$585,698

Uses your inputs and selected ratio limits (39% / 44%). Actual qualification depends on lender/insurer policies.

Qualifying rate uses the greater of your contract rate + 2% or the benchmark.
GDS counts: mortgage payment + property tax + heat + 50% condo fees. TDS adds other monthly debts.
Ratio limits vary by lender/insurer and product; defaults here are 39% / 44% but you can adjust.

We’ll translate this into a lender-ready plan and next steps.

Educational purposes only. Not investment, legal, lending, or tax advice. Subject to qualification and lender/insurer policies.