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How this calculator works
Maximum housing payment = the lower of 28% of income or 36% of income minus other debts. Subtracting tax and insurance gives the mortgage payment, which converts to a maximum loan; adding your down payment gives the price.
Frequently asked questions
Should I borrow the maximum?
Not necessarily. A lower payment leaves room for savings, maintenance and life changes. Lender limits vary by country and loan type.
Results are estimates based on the numbers you enter and simplified assumptions. They are not financial advice. See our disclaimer.