Mortgage Affordability Calculator Vancouver, BC
How much house can you afford in Vancouver? 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.
Enter your yearly household income.
Savings, RRSP Home Buyers' Plan, FHSA and gifts from family all count. Minimum: 5% of the first $500,000, 10% above that.
4.49% (a typical 5-year fixed, October 2026). Change it if you've been quoted a rate.
Enter your down payment.
| After | Paid in total | Still owed |
|---|
Sneg Mortgage Team
5.0 · 344 reviews · Free pre-approval
Get pre-approved →
Laura MacCormack - Clever Lending Mortgage Team
5.0 · 101 reviews · Free pre-approval
Get pre-approved →
Arise Mortgage
5.0 · 100 reviews · Free pre-approval
Get pre-approved →
An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.
Top-rated mortgage brokers in Vancouver
Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →
Sneg Mortgage Team
Known for their extensive experience and access to competitive mortgage rates, Sneg Mortgage Team assists clients through every step of the home financing process. They offer personalized mortgage solutions and clear explanations, with clients appreciating their responsiveness and attention to detail. Some find the process lengthy but feel well supported throughout.
Laura MacCormack - Clever Lending Mortgage Team
Clever Lending Mortgage Team specializes in personalized mortgage solutions, guiding clients through financing with clear communication and hands-on support. The team handles paperwork, negotiates competitive rates, and educates borrowers on their options. Customers appreciate their responsiveness and care, though some note a limited range of mortgage products presented.
Arise Mortgage
Specializing in non-traditional mortgage financing, Arise Mortgage focuses on helping borrowers who may face challenges with conventional lenders. The team offers flexible, competitive loan options tailored to individual needs, often guiding clients through complex situations with clear communication. Customers appreciate their knowledgeable, patient approach, though some note the process can… more...
Specializing in non-traditional mortgage financing, Arise Mortgage focuses on helping borrowers who may face challenges with conventional lenders. The team offers flexible, competitive loan options tailored to individual needs, often guiding clients through complex situations with clear communication. Customers appreciate their knowledgeable, patient approach, though some note the process can take time depending on circumstances.
GLM Mortgage Group
GLM Mortgage Group is known for clear communication and fast, professional service, especially when timelines are tight. The team offers mortgage financing and refinancing with knowledgeable guidance that helps simplify the process. Customers appreciate their responsiveness and organized approach, though some note the experience can feel very process-driven.
Katy Mackenzie, Mortgage Broker, TMG The Mortgage Group Inc.
With over two decades of lending experience and specialized certifications, this independent mortgage brokerage focuses on personalized mortgage solutions beyond standard bank offerings. The team assists with a range of mortgage needs, including complex borrowing situations, and is noted for clear communication and responsiveness throughout the process.
True North Mortgage
True North Mortgage specializes in securing competitive mortgage rates by working with multiple lenders to offer volume discounts. The team assists with home purchases and refinancing, often praised for their quick, clear communication and responsiveness. Some clients note the process can feel detailed, but the support helps ease the experience.
Micah Verceles - Mortgage Broker
Licensed to serve clients across Canada and beyond, this mortgage broker offers both residential and commercial financing with a focus on clear communication and accessibility. The team is praised for responsiveness, professionalism, and making complex mortgage processes easier to understand, especially for first-time buyers.
Latest reviews of Vancouver Mortgage Brokers
Written on TrustAnalytica by clients of the businesses in this list-
My husband and I had a fabulous experience working with Laura. Her expertise proved invaluable when we purchased a home and then needed to port our mortgage to a different property. What she was able to accomplish as an experienced mortgage broker went above and beyond what we might have been able t…
| # | Business | Rating | Reviews | Starting price | Phone | Website |
|---|---|---|---|---|---|---|
| 1 | Sneg Mortgage Team | 5.0 | 344 | Free Consultation | (604) 339-1577 | Visit |
| 2 | Laura MacCormack - Clever Lending Mortgage Team | 5.0 | 101 | Free Consultation | (604) 360-4696 | Visit |
| 3 | Arise Mortgage | 5.0 | 100 | Free Consultation | (604) 722-8404 | Visit |
| 4 | GLM Mortgage Group | 5.0 | 100 | Free Consultation | (604) 259-1486 | Visit |
| 5 | Katy Mackenzie, Mortgage Broker, TMG The Mortgage Group Inc. | 5.0 | 100 | Free Consultation | (604) 612-6970 | Visit |
| 6 | True North Mortgage | 4.9 | 100 | Free Consultation | (604) 558-1500 | Visit |
| 7 | Micah Verceles - Mortgage Broker | 5.0 | 48 | Free Consultation | (604) 897-8927 | Visit |
How this Vancouver 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%.
British Columbia 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 0.31% of the home's value a year (Vancouver, 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
8 questionsHow does the mortgage affordability calculator work?
What is the mortgage stress test in British Columbia?
How do GDS and TDS ratios affect my mortgage in Vancouver?
Can first-time buyers in Vancouver get a 30-year mortgage?
How do debts affect my mortgage affordability in BC?
What are Vancouver's property taxes for homebuyers?
What's the difference between mortgage pre-approval and pre-qualification?
How much house can I afford on a 100k salary in Vancouver?
General information, not financial advice — consult a qualified professional.