Quick answer for the most-searched affordability question in Canada — how much house can I qualify for on a $100,000 salary? Calculated with CMHC's GDS (39%) + TDS (44%) ratios and the OSFI +2% stress test, using 2026 rates.
$413,497
Bound by GDS (39%) · qualifying rate 7.25%
Max mortgage
$388,497
Down payment assumed
$25,000
Monthly payment (contract rate)
$2,328
| Mortgage payment (contract rate) | $2,328 |
| Property tax (~0.85% national avg) | $293 |
| Heat (estimate) | $150 |
| Total monthly housing cost | $2,771 |
| Income | Max home price | Max mortgage | Monthly payment |
|---|---|---|---|
| $100,000 | $413,497 | $388,497 | $2,328 |
See $80,000 take-home pay in Canada — what you actually bring home each month.
Tax breakdown: How much tax on $100,000 in Canada
Hourly equivalent: $80,000 as an hourly wage
Renting instead? Rent budget on this income
Reference home: Mortgage on a $500K house
Customize the inputs in the interactive Mortgage Affordability Calculator.
Run the numbers on a specific home with the Mortgage Calculator.
Or compare against renting using Rent vs Buy.
Browse all salary-after-tax pages at the Salary hub.
Method: CMHC GDS 39% + TDS 44%, OSFI B-20 stress test (qualify at max(rate+2%, 5.25%)), 25-yr amortization, 5.25% contract rate, ~0.85% property tax, $150/mo heat, $300/mo other debt. Adjust assumptions in the interactive calculator. Excludes CMHC insurance premium for <20% down.