Affordability Calculator
Find out how much you can comfortably afford to borrow based on your income, expenses, and existing debt. Uses Canadian lending guidelines (GDS/TDS ratios).
Your Financial Profile
$65,000
$20,000$250,000
$2,000
$500$10,000
$500
$0$5,000
8.0%
2%36%
5 years
1 year30 years
Maximum Affordable Loan
$71,512
Based on 36% TDS ratio
Comfortable Loan Amount
$50,140
Based on 28% GDS ratio
Monthly Income$5,416.67
Max Monthly Payment$1,450.00
Disposable Income$2,916.67
Current Debt-to-Income
9.2%Excellent
0%20%36%43%50%+
GDS (Gross Debt Service) should be under 28% and TDS (Total Debt Service) under 36% for most Canadian lenders. These are guidelines — actual approval depends on credit score, employment, and lender policies.