STAY ON TOP OF YOUR FINANCES

Manage your money and achieve your financial goals

A mortgage affordability calculator is a useful tool that can help you determine how much house you can afford based on your income, expenses, and other financial factors. This calculator takes into account factors such as your monthly income, debt payments, credit score, and down payment to provide an estimate of the maximum mortgage amount you can afford. By using a mortgage affordability calculator, you can avoid the mistake of taking on a mortgage that is too large for your budget, which can lead to financial stress and hardship down the line.

Remember that a mortgage affordability calculator is just a tool, and you should also consider other factors such as future expenses and changes in income when making a decision about how much house you can afford.

Mortgage Affordability Calculator

Ratehub.ca logo

Become a Credit Union Member

Drop by the Credit Union or complete a New Member Application online.