On a household income of $225,000, you can afford roughly a $1,270,444 home in 2026 — using lender limits and the stress test. Run your exact numbers on the affordability calculator.
On a $225,000 household income you can afford about a $1,270,444 home in Canada in 2026 — assuming 20% down, the 39% GDS limit, and a stress-tested qualifying rate near 6.5%. Other debts, down payment and property tax change the result. Illustrative, not advice.
| Household income | $225,000 |
| Max housing cost (39% GDS) | $7,312/mo |
| Qualifying (stress) rate | ~6.5% |
| Supported mortgage | $1,016,355 |
| Estimated home price (20% down) | $1,270,444 |
Paying down other debts frees up room; a larger down payment buys a pricier home; a Bank of Canada rate cut lowers the qualifying rate and lifts your budget. Watch the live rate. This assumes no other monthly debt payments — car loans, credit cards and student loans reduce what you qualify for under the 44%% TDS limit.
Roughly a $1,270,444 home with 20% down, illustratively, under the 39% GDS limit and the stress test.
Yes — other debt payments count against the 44%% TDS limit and lower your maximum.