What Can I Afford?

 
Income
/yr
Debt Payments
/mo
Rate
% *
Amortization
yr
Heating
/mo
Condo Fee
/mo
Property Tax
/yr
*Due to new government issued rules on homebuyer qualification, the Bank of Canada rate is used as a benchmark for affordability and the mortgage amount you may qualify for. The amount shown does not automatically qualify you to receive this mortgage loan amount and we advise you speak to a mortgage lender to finalize the details based on your personal circumstance.

The calculations above are based on details you have entered into the calculator tool. It is not an offer of mortgage insurance or in any way binding upon Genworth Canada, but rather is an informational tool. Please consult with a mortgage and/or lending professional to review your options.
Email

Expert knowledge, resources and tools, right to your inbox!

Homeownership.ca newsletter is the indispensable tool for your homebuying journey.

Sign Up Now!