Annual Income

Living Costs

Estimate for me

Before Tax









Applicant Income


Your gross income before-tax, including any bonuses and supplementary income.










Property Tax


An annual tax levied by the municipality in which your home is located. We have used an estimate based on the average in your province.

 

 


Before Tax









Co-Applicant Income


Your co-applicant’s before-tax gross income. Your combined income will be used to calculate the mortgage you can afford.










Condo Fees


Condo fees cover common building expenses and maintenance in multi-unit properties. We have used a default estimate of $300.

 

 










Heating Costs


The total costs associated with heating your home and water. We have used a default estimate based on provincial averages.

 

 

Debt Payments










Credit Card


The average monthly interest owed on outstanding credit card balances. This does not include the balances themselves, only the interest portion.

How much can I afford?









Car Payment


Your monthly leasing or financing outlay on any household vehicles.










Loan Expenses


Any other monthly loan expenses, such as lines of credit, student loans, alimony or child support.


Select rate





Toronto, ON


ProviderRateSelect
Loading...Loading…
Custom rateSelect



COVID-19 Update:  We're here for you. These are uncertain times but one thing that is certain is our commitment to you. As an online business, we're set up to help you remotely so you can still take care of your mortgage decisions.