NestAbode · Buyer tools
Lenders weigh what you earn against what you owe, then qualify you at a stress-tested rate higher than the one you'll actually pay. Here's a realistic ceiling — held to whichever limits first: your income or your down payment.
Browse GTA homes priced within this estimate — held against live MLS listings.
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Love your nest
A licensed professional turns this estimate into a real pre-approval.
Speak to a licensed mortgage professionalThis is an estimate, not advice. It applies the CMHC-insured GDS 39% / TDS 44% debt-service ratios — these are insured maximums, not universal lender policy, and your lender may apply different limits. The qualifying payment is stress-tested at the greater of your rate + 2% or 5.25% (the OSFI minimum qualifying rate), even though you'd pay at your contract rate. Fixed-rate payments compound semi-annually under the Interest Act. The maximum is held to whichever binds first — your income, or the price your down payment can support under the tiered minimum (5% to $500k, 10% to $1.5M, 20% above, with no default insurance over $1.5M). Heating is assumed at $150/month and property tax is your own estimate; figures shown exclude the insurance premium, land transfer tax, and closing costs. This tool collects no personal information. Confirm every figure with a licensed mortgage professional before you rely on it.