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Get pre-qualified instantly

See what you could qualify for in seconds, no sign-up, no app download. Enter your income, down payment, and monthly debts to get a personalized estimate built on Canadian mortgage rules.

Where & what are you buying?

Helps us tailor your numbers. Property tax is estimated automatically from your qualifying price.

How many applicants?

Everyone who will be on the mortgage.

Your income

Add each source of gross (before-tax) annual income for everyone on the mortgage.

$

Your down payment

How much you have saved to use as a down payment. Add each source.

$

Your monthly debt payments

Credit card & line-of-credit payments are estimated at 3% of the balance. For loans, enter the monthly payment. Add as many as you need.

Credit cards payment = 3% of balance
$
$
Lines of credit payment = 3% of balance
$
$
Car loans
$
Student loans
$
Other debts / support payments
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Your rate

We qualify you on the 5-year fixed rate using the federal stress test. The 5-year variable rate is currently lower, which can qualify you for a higher amount. Get your Certificate or start an application and we'll run those numbers with you and lock in your best rate.

What you could qualify for

Estimated mortgage$0
Down payment$0
Amortization
Estimated payment$0
You could be pre-qualified for a home up to
$0
Get your Pre-Qualified Certificate emailed to you:
Get my Pre-Qualified Certificate Ready now? Start your full Pre-Approval →

*Amortization is set automatically based on your down payment to maximize your qualifying numbers: 30 years with 20% or more down, otherwise 25 years.

These figures are general estimates based on the numbers you entered, using Canadian mortgage qualification rules (the federal stress test, debt-service limits, minimum down payment, and mortgage insurance where applicable). They are not a pre-approval or an offer of credit. A real pre-approval requires a full application and document review.

This is not a pre-approval. It's a general estimate to help you understand your options. We'll turn it into the real thing, no cost, no obligation.

Get your Pre-Qualified Certificate

Send your numbers to the Mortgage Momentum team and we'll email you a personalized Pre-Qualified Certificate, then follow up with real options.

Your calculator inputs and results are included so we can prepare your certificate. Light contact details only, no banking info or documents.

Ready to make it official? Start your full Pre-Approval application →

Good to know

Pre-qualification FAQs

How much mortgage can I afford in Canada?
It depends on your income, your existing debts, your down payment and the stress test. Lenders cap your housing costs at about 39% of gross income (GDS) and your total debt payments at about 44% (TDS), and you must qualify at the stress-test rate. This calculator combines all of that to estimate your maximum purchase price.
What is the mortgage stress test?
You must qualify at the greater of your contract rate plus 2% or 5.25%. With today's rates the contract-rate-plus-2% figure is the operative test for most borrowers. It proves you could still afford payments if rates rose, and it applies to new purchases and most refinances.
What is the minimum down payment in Canada?
5% on the first $500,000 and 10% on the portion from $500,000 to $1.5 million. Under 20% down requires CMHC default insurance. Since December 2024, 30-year amortizations are available to all first-time buyers and all buyers of new builds.
Is a pre-qualification the same as a pre-approval?
No. A pre-qualification is a fast estimate based on the numbers you enter. A pre-approval is a stronger step where a lender reviews your documents and credit. This tool gives you a realistic starting estimate; we can turn it into a full pre-approval.
What are GDS and TDS?
Gross Debt Service (GDS) is the share of your gross income going to housing costs, capped near 39%. Total Debt Service (TDS) adds all your other debt payments, capped near 44%. Lenders use both to decide how much you can borrow.

Ready to make it official?

Let's turn this estimate into a real pre-approval. Get a quick quote or call us directly.

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