✅#mortgageaffordability #mortgagecalculator #toronto
*** JUNE 1, 2021 UPDATE***
My Online Calculator now conforms to the new stress test rules and benchmark rate of 5.25%, so you know you’re using an accurate, up-to-date calculator!
Thinking of buying a house in Toronto or the GTA? Before you go shopping for that dream home, you’ll want to know exactly how much you can afford.
But, how do you calculate that, especially with all the complicated mortgage rules? In this video, I’m going to show you 3 simple and easy steps to find the maximum purchase price for your specific needs.
Link to the Canadian Mortgage Affordability Calculator:
Link to explanation on the Mortgage Stress Test:
Providing Bank financing, B-lender and private mortgages for the Greater Toronto Area, Richmond Hill, Vaughan, Newmarket, Aurora, Markham & Mississauga.
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Mortgage Architects – EMI Mortgage Services Inc.
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