We're helping you find the right home

Find out how much you can afford

Step 1 of 6

Where do you want to live?

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The location you enter helps us estimate some of your potential costs.




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Step 2 of 6

What kind of home are you looking for?

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Different property types have different fees and fixed costs. For example, when you purchase a house, you can pay property taxes but you need to manage your own maintenance. A condominium has condo fees and property taxes, but the condo fees may take care of the maintenance costs.




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Step 3 of 6

What is your annual income?

! Please enter an amount between $1.00 and {{income.maxIncome|currency:'$':'0'}}.
If your annual household income before taxes is greater than {{income.maxIncome|currency:'$':'0'}}, please contact us to discuss your home-buying options.

Your annual income is the amount you earn before taxes, also known as the gross amount. If you’re buying a home with others, include their annual income before taxes as well.




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Step 4 of 6

How much do you have for a down payment?

! Please enter an amount less than {{downpayment.maxDownpayment | currency: '$':'0'}}. ! Please enter an amount greater than $1,000.

Your down payment affects the amount you can borrow to buy a home and the size of your payments. This will impact your monthly budget.

You must have at least 5% for a down payment if the home purchase price is less than $500,000.

If the home purchase price is between $500,000 and $999,999.99, you must have at least 5% for the first $500,000 and 10% for the remaining amount.

For home prices $1 million or over, the down payment must be 20%.

If you are a first-time home buyer, you can borrow up to $25,000 from your RSP towards your down payment.1

1. First time home buyers can withdraw up to $25,000, in a calendar year, from their RSPs for a home purchase (up to $50,000 for a couple). They then have 15 years to repay their RSP (other conditions apply). Find out more about the RSP Home Buyers' Plan.




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Step 5 of 6

What monthly expenses do you have?

Estimate your monthly expenses such as groceries, transportation, child care, insurance, shopping, media and regular contributions to savings.

Please do not include rent or housing expenses.

If you're buying a home with a spouse, partner, friend or family member, include their monthly expenses as well.

If this amount is higher than your monthly income before taxes, please contact us to discuss your options.




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Step 6 of 6

What are your monthly payments for loans, car loans, leases, lines of credit and credit cards?

! Please enter an amount less than 50% of your monthly income before taxes.

Make sure to also include monthly payments for anyone who is buying the home with you.

If your current monthly debt payments are more than 50% of your monthly income before taxes, please contact us to discuss your options.