×

Review Keywords Analysis

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

Mortgage Affordability Calculator Barrie, ON

How much house can you afford in Barrie? 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 Barrie

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

1

Mortgage Wellness

Known for a near-perfect client satisfaction rate, Mortgage Wellness offers personalized mortgage guidance tailored to first-time buyers, investors, self-employed borrowers, and those refinancing or consolidating debt. The team provides clear advice throughout the process and is praised for being responsive and supportive, though some clients note a busy schedule.

Services & Prices
Pre-Approval Process Free Consultation
Conventional Loans Free Consultation
FHA Loans Free Consultation
VA Loans Free Consultation
View Profile
(705) 730-1050
Closed Now
430 Essa Rd Unit 8, Barrie, ON L9J 0M1, Canada
General Services
Mortgage Services
2

Geri Janes

Offering a broad range of lender options beyond traditional banks, MortgagesWithGeri.ca focuses on creative mortgage and refinancing solutions to improve clients’ cash flow. The team guides clients through pre-approvals, renewals, and tailored home loans with clear communication and steady support, helping many feel confident despite the paperwork involved.

Services & Prices
Mortgage Renewal Assistance Free Consultation
View Profile
(705) 333-4338
Closed Now
Barrie, ON L4M 1Y1, Canada
General Services
Mortgage Services
3

Lighthouse Lending

With over 25 years of experience and access to a wide network of lenders, Lighthouse Lending helps homeowners with refinancing, HELOCs, and mortgage solutions regardless of credit or income. The team is known for clear explanations and a straightforward process, though some clients note uneven experiences early on.

View Profile
(888) 831-4817
Closed Now
55 Mulcaster St Ste 330, Barrie, ON L4M 0J4, Canada
4

Mortgage Truth

Known for clear communication and a patient approach, Mortgage Truth guides clients through complex mortgage processes with care. The team offers mortgage brokering and refinancing services, taking time to explain each step. Customers appreciate their attentiveness and problem-solving, though some note the process can feel detailed.

Services & Prices
Rate & Term Refinance Free Consultation
Cash-Out Refinance Free Consultation
Streamline Refinance Free Consultation
View Profile
(705) 481-1688
Closed Now
132 Commerce Park Dr, Barrie, ON L4N 0Z7, Canada
General Services
Mortgage Refinancing
5

Cory Byrne - Mortgage Broker

With 25 years of experience, Cory Byrne Mortgages specializes in personalized mortgage solutions for first-time buyers, refinancing, and investment properties across Ontario. The team is known for clear communication and thorough support, especially with complex financial situations, helping clients feel confident throughout the mortgage process.

Services & Prices
First-Time Homebuyer Assistance Free Consultation
Self-Employed Mortgage Solutions Free Consultation
View Profile
(705) 717-8354
Open 00:00 - 23:59
52 Grove St W, Barrie, ON L4N 1M7, Canada
General Services
Mortgage Services
Where they are 10 on the map Click a pin for the profile and directions
6

Certified Mortgage Broker Barrie

Known for clear and reliable guidance throughout the mortgage process, this broker offers attentive support and professional advice. The team helps simplify financing decisions with detailed communication and a patient approach. Customers appreciate the straightforward information and the absence of high-pressure tactics.

Services & Prices
Purchase Mortgages Free Consultation
Refinancing Free Consultation
Pre-Approval Free Consultation
View Profile
(705) 302-0377
Closed Now
185 Little Ave, Barrie, ON L4N 6L7, Canada
General Services
Mortgage Services
7

Darick Battaglia Mortgage Broker Barrie Dominion Lending Centres

With 25 years of experience and over $4 billion in mortgages funded, Darick Battaglia Mortgage Broker at Dominion Lending Centres offers personalized guidance for home purchases, refinancing, and commercial financing. Clients appreciate the team’s thoroughness and support, though some note occasional challenges when detailed questions arise.

Services & Prices
Mortgage Pre-Approval Free Consultation
View Profile
(705) 797-8811
Closed Now
241 Essa Rd, Barrie, ON L4N 6B7, Canada
General Services
Mortgage Services
8

Barrie Mortgage Broker - Darren Robinson

Known for patient guidance and clear communication, Barrie Mortgage Broker - Darren Robinson helps clients navigate home buying and mortgage renewal with confidence. The team offers mortgage approvals, renewals, and rate comparisons through an easy-to-use online portal and virtual meetings. Customers appreciate the approachable service and straightforward process, though some note the reliance on… more...

Known for patient guidance and clear communication, Barrie Mortgage Broker - Darren Robinson helps clients navigate home buying and mortgage renewal with confidence. The team offers mortgage approvals, renewals, and rate comparisons through an easy-to-use online portal and virtual meetings. Customers appreciate the approachable service and straightforward process, though some note the reliance on virtual interactions.

Services & Prices
Mortgage Approval Assistance Free Consultation
Mortgage Renewal Assistance Free Consultation
View Profile
(705) 242-1168
Closed Now
30 Quarry Ridge Rd, Barrie, ON L4M 7G1, Canada
General Services
Mortgage Services
9

Anne Martin - TMG The Mortgage Group

With over a decade of experience and an AMP designation, Anne Martin at TMG The Mortgage Group offers personalized mortgage solutions for first-time buyers, refinancing, and more complex cases like self-employed or bruised credit clients. The team is known for clear communication and proactive advice that helps ease the mortgage process, though occasional delays outside their control can occur.

Services & Prices
Refinancing Services Free Consultation
Investment Property Financing Free Consultation
View Profile
(705) 791-6683
Closed Now
54 Cedar Pointe Dr Unit 1207 Ste. 032, Barrie, ON L4N 5R7, Canada
General Services
Home Financing Solutions
10

Todd Smith Mortgages - Dominion Lending Centres

Known for offering access to over 230 lending institutions, Todd Smith Mortgages - Dominion Lending Centres provides a broad range of mortgage options tailored to Barrie and Simcoe County clients. The team assists with first-time homebuyer programs, refinancing, renewals, and specialized solutions for self-employed individuals. Customers appreciate their clear communication and patient guidance… more...

Known for offering access to over 230 lending institutions, Todd Smith Mortgages - Dominion Lending Centres provides a broad range of mortgage options tailored to Barrie and Simcoe County clients. The team assists with first-time homebuyer programs, refinancing, renewals, and specialized solutions for self-employed individuals. Customers appreciate their clear communication and patient guidance throughout the process.

Services & Prices
Home Purchase Mortgage Free Consultation
Mortgage Refinancing Free Consultation
View Profile
(705) 503-1200
Closed Now
205 Jean St, Barrie, ON L4N 7S9, Canada
General Services
Mortgage Services
Barrie Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 Mortgage Wellness 5.0 761 Free Consultation (705) 730-1050 Visit
2 Geri Janes 5.0 400 Free Consultation (705) 333-4338 Visit
3 Lighthouse Lending 4.9 218 — (888) 831-4817 Visit
4 Mortgage Truth 5.0 121 Free Consultation (705) 481-1688 Visit
5 Cory Byrne - Mortgage Broker 4.9 121 Free Consultation (705) 717-8354 Visit
6 Certified Mortgage Broker Barrie 5.0 111 Free Consultation (705) 302-0377 Visit
7 Darick Battaglia Mortgage Broker Barrie Dominion Lending Centres 4.8 86 Free Consultation (705) 797-8811 Visit
8 Barrie Mortgage Broker - Darren Robinson 4.8 59 Free Consultation (705) 242-1168 Visit
9 Anne Martin - TMG The Mortgage Group 5.0 47 Free Consultation (705) 791-6683 Visit
10 Todd Smith Mortgages - Dominion Lending Centres 5.0 31 Free Consultation (705) 503-1200 Visit

How this Barrie 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%.

Ontario 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 0.85% of the home's value a year (Ontario average, 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

7 questions
How does the mortgage affordability calculator work in Barrie?
The calculator estimates the highest home price you can qualify for based on income, debts, down payment, and interest rate. It includes mortgage, CMHC insurance, and property tax.
What is the mortgage stress test rate in Ontario for 2026?
Ontario borrowers must qualify at the higher of their contract rate plus 2% or 5.25%, as per the stress test rules.
How do GDS and TDS affect mortgage affordability?
GDS limits housing costs to 39% of gross income, and TDS limits all debts to 44%, calculated at the qualifying rate.
Can first-time buyers get a 30-year amortization in Ontario?
Yes, first-time buyers and those purchasing newly built homes can get a 30-year amortization on an insured mortgage.
How do my debts impact the mortgage I can qualify for?
Higher monthly debt payments reduce the mortgage amount you can qualify for, as they affect your TDS ratio.
What is the property tax rate in Barrie, Ontario?
Property tax in Barrie is approximately 0.85% of the home's value annually, based on 2025 municipal rates.
What's the difference between mortgage pre-approval and pre-qualification?
Pre-approval involves a lender verifying your income, debts, credit, and down payment, while pre-qualification is an initial estimate.

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