Terms of use
You may use this site and its calculators for free, for your own planning, and link to or share any result. Results are educational estimates, not a pre-approval or advice: only a lender can pre-approve you, and its own limits can differ from the federal and CMHC rules we apply.
Figures as of 2026-11-02.Our tools apply CMHC's insured limits. A lender using tighter limits (35% and 42% here, as an illustration) would approve less for the same household.
| Household | $120,000 income, $60,000 down, 4.12% |
|---|---|
| With CMHC's 39% / 44% | $605,100 |
| With 35% / 42% (illustration) | $551,000 |
| Difference | $54,100 |
Open this example in the calculator →Computed November 2, 2026.
Using the site
You may use the calculators and guides for personal, non-commercial planning, link to any page and share results. Please don't scrape the site in bulk or present our content as your own.
Estimates, not advice
Educational estimate only, not financial, mortgage, tax or legal advice. Lenders, insurers and governments set their own rules and can change them; confirm with a licensed professional before you decide. Rules and deadlines are checked on the date shown on each page, but lenders and regulators change them.
Liability
The site is provided as is. To the extent the law allows, the MITEY network is not liable for decisions made using it. Nothing here limits rights you have under Canadian consumer law.
Links to other sites
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Changes
We may update these terms; the date on this page shows the latest version.