Maximum Mortgage + Maximum Purchase Price Calculator
Estimate maximum mortgage, maximum purchase price, and a more comfortable budget-based range.
Estimate an Ontario purchase range before you shop
This tool compares an estimated lender-style maximum with a household comfort range. It can help Ottawa and Ontario buyers spot the difference between what may qualify on paper and what could feel manageable month to month. It is educational only and is not a mortgage approval, commitment, or rate guarantee.
Qualification inputs
Enter income, debt, down payment, and basic housing costs to estimate a possible mortgage range. Lender rules vary.
Household budget mode
This estimates a comfort payment from take-home pay and monthly spending. It is separate from lender qualification.
Maximum mortgage estimate
$421,306
Maximum purchase price
$486,306
Monthly payment estimate
$2,560
Estimated payment on the maximum mortgage using the contract rate.
Affordability signal
Lower estimated pressure
Based on estimated GDS/TDS ratios from the inputs supplied.
Main limiting factor
TDS / debt load
The tighter of the estimated housing-cost or total-debt checks.
Comfort purchase range
$591,718
Based on your comfort payment and household budget inputs.
Purchase price summary
Based on the inputs supplied, the estimated maximum purchase price is $486,306, while the household comfort range is $591,718. If those numbers are far apart, it may be worth reviewing budget comfort, debt payments, down payment, and lender rules before relying on the higher estimate.
Useful next checks
Purchase price is only one part of an Ontario buying plan. Closing costs, land transfer tax, and current public market context can also affect the numbers you review with a broker or lender.
Review calculation details
These details show the stress-test assumption, estimated debt-service ratios, and the gap between the lender-style maximum and household comfort range.
Qualifying rate
7.39%
Configured stress-test estimate.
Estimated GDS
30.8%
Estimated TDS
39%
Budget available payment
$3,280
After the household budget fields.
Payment used for comfort range
$3,200
Lower of desired comfort payment and budget availability.
Lender max vs comfort gap
$105,412
Budget comfort is not lower than lender-style max.
Affordability comfort score
98
Current market context
Public benchmark data can help frame affordability estimates, but it is not a mortgage quote, approval, recommendation, or rate guarantee.
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