Verify borrowing eligibility under the OSFI Guideline B-20 qualifying rate (rate + 2% or 5.25%), GDS (39%), and TDS (44%) ratios.
EXCEEDS MAXIMUM ALLOWED RATIOS
Qualifying Rate: 6.69%
Stress Test Monthly Payment: €3,406.91
GDS Ratio (Max 39%)
39.3%
Exceeds 39% limit
TDS Ratio (Max 44%)
44.3%
Exceeds 44% limit
Qualifying Rate = max(Contract Rate + 2%, 5.25%); GDS = Housing / Income ≤ 39%; TDS = (Housing + Debts) / Income ≤ 44%Evaluates Canadian mortgage affordability and debt service ratios against OSFI B-20 guidelines.
All calculations, amortizations, and scenario projections displayed on this page are strictly for informational and educational purposes. Nothing herein constitutes investment, financial, tax, or legal advice. Actual CRA tax brackets, provincial taxes, Bank of Canada rates, and lender criteria may vary. Calconova explicitly disclaims all liability for any decisions taken based upon these calculations. Consult a qualified financial advisor or CPA prior to executing financial commitments.
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