Maximum eligible home price estimation, compared with HPI benchmark prices by city

Sources: The Habistat, CREA

This calculator can help you estimate the maximum home price that you qualify for. This is determined using a maximum gross debt service (GDS) ratio of 35% and a total debt service (TDS) ratio of 42%, as per CMHC, as well as a stress-test rate of 4.79%. The options for amortization period are 10, 15, 20 or 25 years. This calculator is for illustrative purposes only; there are other factors that influence the home price you will qualify for which are not accounted for in this tool (such as credit score). While every effort is made to keep this tool up-to-date, The Habistat does not guarantee the accuracy, reliability or completeness of any information or calculations provided by this calculator. The Habistat is not liable for loss or damage of any kind arising from the use of this tool.