Free tool
How much home can you afford?
Lenders qualify you on debt-service ratios at the stress-test rate. Enter your numbers to see the purchase price that fits, and how much the stress test changes it.
Estimated maximum purchase price
$690,000
Qualified at 6.49% (the stress test), limited by your GDS ratio. Your actual payment at 4.49% would be about $3,363 per month.
Mortgage amount
$608,290
includes $18,290 default insurance
Max monthly housing payment
$4,075
mortgage principal and interest
GDS ratio at this price
32.9%
limit 39.0%
TDS ratio at this price
37.2%
limit 44.0%
Stress test effect: without it you could qualify for roughly $814,000, about $124,000 more. Credit unions and some lenders apply different rules, which is one reason to shop the whole market.
Estimates only. Lenders also weigh credit history, employment type, and property details, and each lender sets its own debt-service limits. Ratios shown use 39.0% GDS and 44.0% TDS with half of condo fees included. Rules change; confirm the current thresholds before relying on them.
Want the number a lender would actually approve?
A pre-approval reviews your full file and holds a rate for 120 days. It takes one short conversation to start.