Latest Mortgage Rates Canada
Compare current rates from Canada's top lenders including Big 6 Banks and monoline lenders. Updated twice daily.
Stress Test Qualifier
Check if you qualify under Canada's mortgage stress test rules.
💰Income
$
$
Total Annual Income$80,000
📊Monthly Debt Payments
$
Exclude rent/mortgage payments
🏠Property Costs
$
$
$
🏦Mortgage Details
$
%
❌ Does Not Qualify
Stress Test Rate
6.5%
Monthly Payment
$2,701
GDS Ratio46.5%
Max: 39% | -7.5%
TDS Ratio54%
Max: 44% | -10%
To Qualify, You Need:
More Annual Income$98,204
Or Reduce Mortgage To$325,826
ℹ️ About the Stress Test
- • You must qualify at the higher of: 5.25% OR your contract rate + 2%
- • GDS (Gross Debt Service): Housing costs should be ≤ 39% of income
- • TDS (Total Debt Service): All debts should be ≤ 44% of income
- • Some lenders may have stricter requirements