×

Review Keywords Analysis

  1. Canada
  2. Best Mortgage Brokers
  3. Mortgage Brokers in Alberta
  4. Calgary
  5. Mortgage Affordability Calculator
1 · Your income
2 · Down payment
3 · What you can afford
Step 1 of 3

Mortgage Affordability Calculator Calgary, AB

How much house can you afford in Calgary? See your maximum price, monthly payment and pre-approval estimate. Free, instant, no credit check.

Updated · 2026 stress test and CMHC rules

Add your partner's income if you're buying together.

Car loans, credit cards, lines of credit, student loans. Not rent.

Property tax and rules are for this province.

An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.

Top-rated mortgage brokers in Calgary

Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →

1

Mortgages for Less team at Axiom Mortgage Solutions

Verified

Mortgages for Less focuses on making the mortgage process straightforward and approachable, especially for first-time buyers. The team guides clients through pre-approval, document gathering, and signing while maintaining clear communication and responsiveness. Customers appreciate their friendly, patient support and the effort to secure competitive rates.

Services & Prices
Mortgage Application Assistance, Mortgage Approval Guidance, Rate Comparison Services)
Step-by-Step Homebuying Guidance, Financial Needs Assessment)
Refinance Application Help, Rate Negotiation)
View Profile
(587) 602-4835
Closed Now
223 14 St NW, Calgary, AB T2N 1Z6, Canada
General Services
Mortgage Services
2

Owen Langis | Mortgage Connection

Verified

Specializing in mortgages for self-employed individuals, Owen Langis | Mortgage Connection helps business owners across Alberta and British Columbia secure financing that reflects their true income. The team offers services like stated income programs and income gross-up strategies, with clients appreciating their clear communication and patient guidance throughout the process.

Services & Prices
Incorporated Business Owner Mortgage n/a
Stated Income Mortgage n/a
Sole Proprietor Mortgages n/a
Business bank statement mortgages n/a
View Profile
(403) 968-8512
Closed Now
1055 20 Ave NW, Calgary, AB T2M 1E7, Canada
General Services
Self-Employed Mortgages
3

Canadian Mortgage Professionals

Verified

With over three decades of experience, Canadian Mortgage Professionals offers personalized mortgage advice that helps make homeownership clearer and less stressful. Their team guides clients through residential mortgage options with patience and clear communication, often praised for being responsive and easy to reach throughout the process. Some clients note the wait times involved with new… more...

With over three decades of experience, Canadian Mortgage Professionals offers personalized mortgage advice that helps make homeownership clearer and less stressful. Their team guides clients through residential mortgage options with patience and clear communication, often praised for being responsive and easy to reach throughout the process. Some clients note the wait times involved with new builds, but appreciate the consistent updates and support.

Services & Prices
First Time Home Buyer Mortgage, Mortgage Renewal, Refinancing Mortgage)
Rate Locking, Product Switching, Lender Liaison)
Document Assistance, Rate Monitoring)
View Profile
Closed Now
2719 Centre St NW, Calgary, AB T2E 2V5, Canada
General Services
Mortgage Services
4

True North Mortgage

True North Mortgage offers a best-rate guarantee on primary residence mortgages across Canada, backed by over 15 years of experience. The team assists with mortgage transfers and new purchases, often praised for clear communication, responsiveness, and handling urgent requests efficiently. Some clients note the process can be fast-paced but well organized.

Services & Prices
Mortgage Transfer Free Consultation
Mortgage Renewal Free Consultation
View Profile
(403) 474-4955
Closed Now
5053 11 St SE, Calgary, AB T2H 1M7
General Services
Mortgage Brokerage
5

Mortgage Mark Herman - Mortgages Are Marvellous

Known for a straightforward approach and honest advice, Mortgage Mark Herman - Mortgages Are Marvellous specializes in first-time homebuyer mortgages and renewals. The team offers personalized mortgage options and clear explanations, helping clients navigate rates and market conditions without pressure. Customers appreciate their responsiveness and how comfortable they make the process feel.

Services & Prices
Mortgage Pre-Approval Free Consultation
Mortgage Renewal Free Consultation
Fixed-Rate Mortgages Free Consultation
Variable-Rate Mortgages Free Consultation
View Profile
(403) 681-4376
Closed Now
3112 11 St NE, Calgary, AB T2E 7J1, Canada
General Services
Mortgage Services
Where they are 10 on the map Click a pin for the profile and directions
6

Rock Solid Mortgages

Rock Solid Mortgages specializes in helping Canadian clients, especially first-time homebuyers, secure competitive mortgage rates in Calgary and nearby communities. The team guides customers through complex situations with clear communication and quick responses, though some find the process naturally detailed and document-heavy.

Services & Prices
First-Time Home Buyer Assistance Free Consultation
Mortgage Renewal Free Consultation
Refinancing Free Consultation
Commercial Property Purchase Free Consultation
View Profile
(403) 617-9740
Closed Now
5053 11 St SE, Calgary, AB T2H 1M7
General Services
Mortgage Services
7

Mortgages Are Marvellous - Dominion Lending

Known for working exclusively with local Calgarians, Mortgages Are Marvellous - Dominion Lending offers personalized mortgage guidance without the delays often found at large banks. The team helps clients navigate home purchases and renewals with clear communication and thorough support, though a few note limited availability outside regular hours.

Services & Prices
First-Time Home Buyer Assistance Free Consultation
Mortgage Pre-Approval Free Consultation
Customized Mortgage Solutions Free Consultation
Debt Management Strategies Free Consultation
View Profile
(403) 681-4376
Closed Now
1144 29 Ave NE, Calgary, AB T2E 7P1, Canada
General Services
Mortgage Services
8

The Mortgage Group

The Mortgage Group focuses on making the home loan process clear and manageable, especially for first-time buyers. Their team helps clients navigate mortgage applications with straightforward advice and steady support, often staying involved to ensure deadlines and details are met. Some customers note occasional delays tied to external parties like builders or appraisers.

Services & Prices
First-Time Homebuyer Mortgages Free Consultation
Refinancing Free Consultation
Rural Property Mortgages Free Consultation
Standard Pre-Approval Free Consultation
View Profile
(403) 827-6278
Closed Now
209 19 St NW #100, Calgary, AB T2N 2H9, Canada
General Services
Mortgage Brokerage
9

Mortgage Connection

Mortgage Connection specializes in guiding clients through the entire mortgage financing process with clear communication and personalized support. The team handles everything from first-time home purchases to renewals, often praised for responsiveness and professionalism. Some customers note occasional delays or mix-ups, but many appreciate the patient, informative approach.

Services & Prices
First-Time Home Buyer Assistance Free Consultation
Mortgage Pre-Approval Free Consultation
Mortgage Rate Comparison Free Consultation
Cost-Benefit Analysis Free Consultation
View Profile
(587) 830-2059
Closed Now
1055 20 Ave NW,Calgary, AB T2M 1E7
General Services
Mortgage Brokerage
10

True North Mortgage

True North Mortgage is known for clear communication and responsive service, often praised for making the mortgage process less stressful. The team helps clients find competitive rates and mortgage options, including deals from major banks. Customers appreciate their attentiveness and timely follow-ups, though some note the experience can vary depending on the broker assigned.

Services & Prices
First-Time Homebuyer Assistance Free Consultation
Mortgage Renewal Services Free Consultation
View Profile
(403) 452-8245
Closed Now
Intact Place, 311 6 Ave SW, Calgary, AB T2P 3H2, Canada
General Services
Mortgage Brokerage
Calgary Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 Mortgages for Less team at Axiom Mortgage Solutions 5.0 300 — (587) 602-4835 Visit
2 Owen Langis | Mortgage Connection 5.0 41 n/a (403) 968-8512 Visit
3 Canadian Mortgage Professionals 5.0 100 — — Visit
4 True North Mortgage 4.9 509 Free Consultation (403) 474-4955 Visit
5 Mortgage Mark Herman - Mortgages Are Marvellous 5.0 244 Free Consultation (403) 681-4376 Visit
6 Rock Solid Mortgages 5.0 195 Free Consultation (403) 617-9740 Visit
7 Mortgages Are Marvellous - Dominion Lending 5.0 164 Free Consultation (403) 681-4376 Visit
8 The Mortgage Group 5.0 100 Free Consultation (403) 827-6278 Visit
9 Mortgage Connection 5.0 100 Free Consultation (587) 830-2059 Visit
10 True North Mortgage 5.0 100 Free Consultation (403) 452-8245 Visit

How this Calgary mortgage affordability calculator works

Lenders approve a mortgage when two ratios stay under their limits. Housing costs (mortgage payment, property tax and heating) must be no more than 39% of your gross income, and housing costs plus your other debt payments no more than 44%. The payment is tested at the qualifying rate, not your actual rate. The calculator finds the highest home price that passes both tests and the minimum down payment rules, and adds CMHC insurance to the loan when you put down less than 20%.

Alberta rules and numbers this calculator uses

Stress test
You must qualify at the higher of your rate plus 2% or 5.25% (OSFI and federal insured-mortgage rules).
Debt limits
Housing costs up to 39% of gross income (GDS) and all debts up to 44% (TDS), the CMHC maximums. CMHC also needs a credit score of at least 600.
Minimum down payment
5% of the first $500,000 and 10% of the part above it. Homes priced at $1.5 million or more need 20% down and cannot be insured.
Mortgage insurance
Under 20% down, a CMHC premium is added to the loan: 2.80% of the loan at 15–19.99% down, 3.10% at 10–14.99% and 4.00% at 5–9.99%, plus 0.20% for a 30-year amortization.
Amortization
First-time buyers and buyers of new builds can take 30 years on an insured mortgage; others are tested at 25 years.
Property tax
About 0.62% of the home's value a year (Calgary, 2025), plus $100 a month for heating.
Rate
Starts at 4.49% (a typical 5-year fixed, October 2026). Change it to the rate you have been offered.

An estimate, not a mortgage approval or pre-approval. Your credit, income type, the property and the lender all change the answer; a mortgage broker confirms your real number. Sources: CMHC homeowner mortgage loan insurance requirements and premiums, Finance Canada mortgage reforms effective December 15, 2024, OSFI minimum qualifying rate, 2025 municipal residential tax rates.

Frequently asked questions

9 questions
How does the Calgary mortgage affordability calculator work?
It estimates the maximum home price you can afford based on income, debts, down payment, and interest rate. It includes CMHC insurance and property tax.
What is the mortgage stress test in Alberta?
You must qualify at the higher of your contract rate plus 2% or 5.25%. This ensures you can afford the mortgage even if rates rise.
How much house can I afford on a $100k salary in Calgary?
Your affordability depends on your debts, down payment, and the stress test rate. Use the calculator to get an estimate.
What are GDS and TDS ratios?
GDS is the percentage of income for housing costs, capped at 39%. TDS includes all debts, capped at 44%, both at the qualifying rate.
Can first-time buyers in Calgary get a 30-year mortgage?
Yes, first-time buyers and buyers of newly built homes can have a 30-year amortization on an insured mortgage.
How do debts affect my mortgage qualification in Alberta?
Debts reduce the amount you can borrow by increasing your TDS ratio. Lenders consider this when determining affordability.
What is the property tax rate in Calgary?
Calgary's property tax is about 0.62% of the home's value annually, based on the 2025 municipal rate.
What's the difference between pre-approval and pre-qualification?
Pre-approval involves verifying income, debts, and credit. Pre-qualification is an estimate without verification.
How can a mortgage broker help me in Calgary?
A broker can help find mortgage options and rates that suit your needs, simplifying the home-buying process.

General information, not financial advice — consult a qualified professional.