Free Alberta affordability tool
How Much Mortgage Can I Afford in Alberta?
Estimate your maximum home price from income, debts, and down payment using Alberta-relevant GDS/TDS planning ratios. Request a professional review when you want those numbers sanity-checked.
Estimates only · Not an approval · Alberta-focused
How to use this calculator
- Start with gross annual income and your monthly debt payments (car, cards, loans).
- Enter your saved down payment — zero down will show a disqualification, not a false max price.
- Property tax and heating feed GDS/TDS; use realistic local numbers for your target city.
- Review GDS %, TDS %, and which ratio limits your range on the results card.
- Optional: enter a comfortable payment to compare against total housing cost.
Want the walkthrough first? Read the Down Payment Guide — then come back and run your numbers below.
Your live estimate
Affordability Calculator
Planning estimate of the home price and mortgage your income may support — GDS/TDS at the federal stress-test rate, with CMHC premiums and minimum down payment rules.
Your live estimate
Estimated maximum home price
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Max mortgage — · Stress P&I —
- Maximum mortgage (est.)
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- Payment at your rate
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- GDS ratio (max 39%)
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- TDS ratio (max 44%)
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- Limited by
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Adjust your numbers
Drag sliders or type amounts — your estimate above updates instantly.
Car loans, credit cards, lines of credit, student loans.
Qualified at — (OSFI stress test).
25 years
This site is for education and planning only. Calculator results are estimates only and are not mortgage approvals, financial advice, or lender commitments. Always get professional advice before making financial decisions. Rates, payments, cashback, eligibility, qualification, and lender options are subject to lender approval, insurer rules, borrower qualification, property details, and applicable terms and conditions. Alberta Mortgage Calculator accepts no liability for decisions made from calculator estimates or general site content.
Review this price range with a local lender
Your income, debts, down payment, stress-test rate, and estimated max price are attached automatically for a local lender review.
How this works
- You adjusted the calculator above
- Your inputs and estimate are attached to this form automatically
- You add your contact info and a local lender reviews the scenario
Affordability Calculator FAQ
- How much mortgage can I afford in Alberta?
- As a planning rule of thumb, lenders look at housing costs versus income (GDS) and all debts versus income (TDS), plus the federal stress test. This calculator applies those ratios so you can estimate a range — not an approval.
- Do Alberta buyers follow different affordability rules?
- Federal stress-test and ratio rules apply across Canada. What changes in Alberta is the cost side — no provincial land transfer tax, while property tax and heating vary by city and feed into GDS.
- Should I use this before pre-approval?
- Yes for planning. Run the estimate, then request a review or pre-approval conversation so a mortgage professional can verify income documents, debts, and realistic rate options.
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Mortgage professional review
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Estimates, not approvals
Calculators help you plan. Final rates and qualification depend on lender approval.
Fast follow-up
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This site is for education and planning only. Calculator results are estimates only and are not mortgage approvals, financial advice, or lender commitments. Always get professional advice before making financial decisions. Rates, payments, cashback, eligibility, qualification, and lender options are subject to lender approval, insurer rules, borrower qualification, property details, and applicable terms and conditions. Alberta Mortgage Calculator accepts no liability for decisions made from calculator estimates or general site content.