Mortgage Stress Test • GDS & TDS Calculator (Canada)
Allen Ehlert • Mortgage Agent
Borrower & Property Inputs
Gross Income
Annual income; tool converts to monthly for ratios.
Payment Frequency (display only)
Monthly
Semi-monthly (24/yr)
Bi-weekly (26/yr)
Accelerated Bi-weekly
Weekly (52/yr)
Accelerated Weekly
Ratios still qualify on monthly payment.
Offered Mortgage Rate (%)
Bank of Canada Qualifying Rate (%)
Stress test uses higher of BoC or (Offered + 2%).
Amortization (years)
Lending Profile
Standard (GDS 39% / TDS 44%)
Extended (GDS 50% / TDS 50%)
Extended ratios are typically available with alternative lenders / compensating factors.
GDS Limit (%)
32%
35%
39%
50%
TDS Limit (%)
40%
42%
44%
50%
Use TDS cap (includes other debts)
Uncheck to use GDS only.
Housing Costs
Property Taxes (monthly $)
Heat (monthly $)
Condo Fees (monthly $)
Only 50% counts toward GDS/TDS when toggled.
Apply 50% condo fees
Other Monthly Debts (for TDS)
Credit Cards / LOC (min $)
Auto / Lease ($)
Student / Personal Loan ($)
Child/Spousal Support ($)
Other Fixed Debts ($)
Clear Debts
Calculate
Reset
Results
Qualifying Rate (greater of BoC or Offered+2%)
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Max Allowed Housing @ Selected Cap
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Max Mortgage Amount (approx.)
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Qualification Snapshot
Enter details to see pass/fail against GDS and TDS under the stress test.
Payment frequency:
affects the displayed payment amount only. Qualification math uses standard monthly payment for ratios.
This tool is for education and pre-qualification and is not a commitment to lend.