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Tools & Calculators

Mortgage Calculator

Affordability Calculator

Use this calculator to explore an estimated mortgage amount and purchase price based on the household income, housing costs and monthly debts you enter. You can get an estimate without entering your contact details.

Affordability calculator

Reading your result

What this estimate means

This result is an estimate for exploration. It is not a mortgage approval or lender commitment. The calculator shows the assumptions it used to produce the estimate.

View calculator assumptions
  • Household income and monthly debts
  • Property tax, heating and condo fees
  • Stress-test qualifying rate
  • GDS / TDS ratios
  • A 20% down payment for the purchase-price estimate

Ready to go further?

Ready for a more personalized next step?

Start Pre-Qualification

Share some basic contact and mortgage information for a more personalized next step.

Start pre-qualification

Ready to apply?

Begin a full mortgage application in Clearstone’s application portal.

Apply for a Mortgage — continues on Clearstone’s application portal

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