Work out the numbers before you buy a home
Choose the question you need to answer. Each calculator shows its assumptions and links to the rules behind the estimate.
Start with your question
What income do I need?
Enter a home price to estimate the household income needed to qualify.
How much cash do I need?
See the down payment and Ontario buying costs separately.
How much home can I afford?
Start with income to estimate a maximum purchase price.
What is the mortgage stress test?
Compare your actual payment with the higher qualifying payment.
Ontario and Toronto land transfer tax
Estimate taxes and possible first-time-buyer rebates.
Ontario closing costs
Estimate buyer expenses beyond the down payment.
Rent or buy?
Compare long-term outcomes using your own assumptions.
What these estimates can tell you
The calculators help you plan with Canadian mortgage rules and, where stated, Ontario purchase costs. They cannot confirm lender approval or predict home prices.
Check the calculation methods and official sources before making a decision. The tools show their review dates and let you change the starting assumptions.