How Much House Can I Afford on C$125,000 Income in Canada?

Reference Rates
5-yr Fixed 4.22% Variable 3.63% Prime Rate 4.44% BoC Rate 2.2422%
May 28, 2026 · Bank of Canada

482000

Max Home Price

3333

Max Monthly Housing (GDS)

96000

Down Payment

7.24%

Stress Test Rate

Canadian Affordability Calculator

%

Maximum Home Price

482000

Based on GDS 32%

Annual Income 125000/yr
Monthly Gross Income 10417
Max Monthly Housing (GDS 32%) 3333
Down Payment (20%) 96000
Qualifying (Stress Test) Rate 7.24%

Affordability at Other Income Levels in Canada