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Morty — default
The Mortgage Beast

How Much Can You Afford?

Morty works backward from your income to find your maximum home price — using real Canadian GDS/TDS limits.

Morty the mortgage beast

Your Financial Profile

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Car loans, student loans, credit card minimums

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Used for property tax & heating estimates when left at $0

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Leave at $0 for auto-estimate by province

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Leave at $0 for auto-estimate by province

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50% of condo fees count toward GDS/TDS

GDS Ratio

34.9%

Excellent!
TDS Ratio

40.9%

Excellent!
MortgageProperty TaxHeating50% Condo FeesOther Debt

Maximum Affordable Home Price

Comfortable Budget

Max Purchase Price

$412,000

At recommended (35% GDS / 42% TDS) ratios

Down payment: $50,000 (12.1%)

Mortgage: $362,000

Maximum home price with $50,000 down

Stretch Budget

Max Purchase Price

$445,000

At maximum (39% GDS / 44% TDS) ratios

Down payment: $50,000 (11.2%)

Mortgage: $395,000

Maximum home price with $50,000 down

Less than 20% down — CMHC insurance of $11,222.00 will be added to your mortgage.
Morty — thinking

Morty says: The "Comfortable" budget keeps you within the recommended 35% GDS / 42% TDS ratios that lenders love. The "Stretch" budget pushes to the absolute maximum — you'll qualify, but your wallet might feel the squeeze.