Gross Debt Service (GDS) Calculator
A prudent, Canadian-style GDS calculator that highlights the 30–33% affordability band. Choose contract vs. stress‑test rate, include taxes, heat, and 50% of condo fees, and see your GDS in real time.
Borrower Income
Enter annual before‑tax income (CAD).
Mortgage & Housing Costs
Stress‑test uses max(contract + 2.00%, MQR). Choose the basis your lender applies.
Results
Annual Income
$0
Monthly Income
$0
Monthly P&I
$0
GDS Costs
$0
GDS Ratio
0.0%
Enter details to see guidance.
Guidance bands: ≤ 30% (prudent), 30–33% (caution), >33% (house‑rich / cash‑poor risk).
Rate Basis Details
- Contract rate: –% → Monthly P&I: $0
- Stress‑test rate (max(contract + 2.00%, MQR)): –% → Monthly P&I: $0
Note: This tool focuses on GDS only. It does not compute TDS or lender‑specific exceptions. Always verify lender guidelines.