Do you qualify for a mortgage? | Mortgage Calculator | Toronto Properties For Sale | Toronto Condo & Houses

This calculator will assist you in understanding how much of a mortgage you qualify for. After inputting the requested information, press the CALCULATE button to recalculate.

Purchase Information
Property Purchase Price
Expected Down Payment	$ %
Down Payment Amount		$
Load Amount		$
Interest Rate (Annual)
Term of Mortgage (Years)

Payment Information
Monthly Principal & Interest Payment		$
Property Taxes (Annual)	$ %
		$
Insurance (Annual)
PMI (Annual)	$ %
Monthly Association Fees (If Applicable)
Monthly Payment (PITI)		$
Tax Deductable Portion of Payment		$

Qualifying Information
Gross Household Income	Annual Monthly
Monthly Debt Expenditures(Credits Cards, Loans, Etc.)
Qualify for loan?
Maximum Qualifying Loan Amount		$
Current Income to Payment Ratio (Max = 28%)
Current Dept to Income Ratio (Max = 36%)

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