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Free Online Home Mortgage Affordability Calculator

Easy to use mortgage tool to help you estimate the maximum mortgage you can afford.

Mortgage Affordability Calculator supplied by the Canada Mortgage and Housing Corporation

This free online personal mortgage affordability calculator helps you determine whether or not you can qualify for a home mortgage based on income and expenses. Home mortgage calculators are often used to help a current or potential home owner determine how much they can afford to borrow on a piece of real estate. This free online mortgage calculator can also be used to compare the costs, interest rates, payment schedules, or help determine the change in the length of the mortgage loan by making added principal payments.

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We offer these online mortgage tools as a self-help tool for your use. These tools do not replace professional financial advice.