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INCOME QUALIFIER CALCULATOR

LET’S FIND OUT YOUR MAXIMUM MORTGAGE AMOUNT.

For an accurate maximum mortgage amount that you qualify for, please talk to one of our expert mortgage advisor today.

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Your Income Details

Household Income

Interest Rate

Amortization*

* 30 year amortization is only applicable to 20% down payment or greater.
Gross Debt Service Ratio

The Gross Dept Service Ratio(GDS) looks at your proposed new housing costs (mortgage payments, taxes, heating costs, and 50% of condominium fees, if applicable) in relation to your income. Generally speaking, this amount should be no more than 32% of your gross monthly income.
Max Housing Expenses

Monthly Expenses

Max Mortgage Payment

Property Tax

Condo Fees

Utilities

Other

Down Payment

Down Payment

Max Mortgage

Insurance Fee

Home Purchase Price

Income & Expenses

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