By income
How much house can you afford by income in Canada (2026)
Canadian maximum purchase price is the lowest of down-payment rules, GDS ≤ 39%, and TDS ≤ 44%, all measured at the qualifying rate (max of contract + 2% or 5.25%), not at the rate you pay. The table below is $0 other debt, $350 tax, $125 heat, 4.29% / 25 years. Open an income page for the $300 and $500 debt rows.
Rules verified: 2026-07-13 · Methodology
| Income | 5% / min. down | 20% down | Page |
|---|---|---|---|
| $80,000 | $326,000 | $403,000 | 80k details |
| $90,000 | $377,000 | $465,000 | 90k details |
| $100,000 | $427,000 | $527,000 | 100k details |
| $120,000 | $528,000 | $651,000 | 120k details |
| $150,000 | $687,000 | $836,000 | 150k details |
Live affordability calculator
Same engine. Enter your income, debts, tax, heat, and down payment.
Open the live calculator with these numbersFrequently asked questions
How much house can I afford by income in Canada?
Lenders cap housing costs near 39% of gross income (GDS) and total debts near 44% (TDS), tested at the OSFI qualifying rate. Open the income page that matches your salary for a worked table, then run the live calculator.
Why do 5% down and 20% down produce different prices?
High-ratio mortgages add a CMHC premium to the principal. Conventional 20% down avoids that premium and shrinks the loan, which can raise the GDS-feasible price even though you need more cash at closing.
Do these pages use the same math as the affordability calculator?
Yes. Tables call evaluateAffordability / solveMaxAffordablePrice from the shared engine. Same inputs should match within a dollar.
What rate is assumed?
4.29% planning assumption, 12 September 2026 (calculator default; not a quoted lender rate). Overwrite it in the live calculator.
Where are city-specific pages?
Burlington, Hamilton, Oakville, Mississauga, and Toronto have their own tax and heating defaults under /resources/how-much-house-*-ontario (Toronto is /resources/how-much-house-toronto).
Educational only — not a licensed brokerage and not advice. Disclaimer · How we're paid.