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Review Keywords Analysis

  1. Canada
  2. Best Mortgage Brokers
  3. Mortgage Brokers in Ontario
  4. Markham
  5. Mortgage Affordability Calculator
1 · Your income
2 · Down payment
3 · What you can afford
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Mortgage Affordability Calculator Markham, ON

How much house can you afford in Markham? 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 Markham

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

1

Canadalend.com

CanadaLend specializes in guiding clients through home financing options like mortgages and home equity lines of credit with clear communication and personalized support. The team is known for explaining choices thoroughly and responding promptly, though some clients note that the process can take time due to careful attention to detail.

Services & Prices
Home Mortgage Free Consultation
Refinancing Free Consultation
Self-Employed Mortgage Free Consultation
Home Equity Line of Credit Free Consultation
View Profile
(905) 881-0242
Open 8:00 AM - 10:00 PM
West Tower, 675 Cochrane Dr Suite 104, Markham, ON L3R 0B8, Canada
General Services
Mortgage Services
2

Taurus Mortgage Capital Inc.

With deep expertise in Canadian residential mortgage markets, Taurus Mortgage Capital offers flexible, personalized mortgage solutions backed by extensive capital markets experience. The team guides clients through buying, refinancing, and investment property financing with clear communication and steady support. Customers appreciate their thoroughness and willingness to go the extra mile, even… more...

With deep expertise in Canadian residential mortgage markets, Taurus Mortgage Capital offers flexible, personalized mortgage solutions backed by extensive capital markets experience. The team guides clients through buying, refinancing, and investment property financing with clear communication and steady support. Customers appreciate their thoroughness and willingness to go the extra mile, even in challenging situations.

Services & Prices
Home Purchase Mortgage Free Consultation
Mortgage Refinance Free Consultation
Mortgage Renewal Free Consultation
Financing Options for Rental Properties Free Consultation
View Profile
(905) 209-7200
Open 9:00 AM - 6:00 PM
39 Main St N, Markham, ON L3P 1X3, Canada
General Services
Mortgage Services
3

Northwood Mortgage Ltd

Northwood Mortgage Ltd connects clients with knowledgeable agents who take time to understand individual mortgage needs and offer tailored options. Their team assists with everything from first-time home purchases to refinancing and investment properties, with many customers appreciating their patience and clear communication. Some mention the company’s persistent radio ads as a minor drawback.

Services & Prices
Mortgage Application Free Consultation
Mortgage Refinancing Free Consultation
Pre-Approval Services Free Consultation
View Profile
(416) 969-8130
Open 9:00 AM - 5:00 PM
7676 Woodbine Ave suite 300, Markham, ON L3R 2N2, Canada
General Services
Mortgage Services
4

Tom Brothers Financial Inc.

Known for its network of over 40 experienced mortgage advisors, Tom Brothers Financial Inc. serves real estate professionals, institutions, and individual investors across Canada. The team offers a range of lending services with transparent pricing and is frequently praised for professionalism, responsiveness, and fast processing times. Some clients note occasional delays but appreciate the clear… more...

Known for its network of over 40 experienced mortgage advisors, Tom Brothers Financial Inc. serves real estate professionals, institutions, and individual investors across Canada. The team offers a range of lending services with transparent pricing and is frequently praised for professionalism, responsiveness, and fast processing times. Some clients note occasional delays but appreciate the clear communication throughout.

Services & Prices
Mortgage Approval Assistance Free Consultation
Mortgage Renewal Free Consultation
Business Loan Approval Free Consultation
Debt Consolidation Free Consultation
View Profile
(905) 415-1115
Open 9:00 AM - 6:00 PM
7181 Woodbine Ave Suite 108, Markham, ON L3R 1A3, Canada
General Services
Mortgage Services
5

Kishore Masand - Affinity Mortgage Solutions Inc.

With 16 years of experience navigating complex borrowing needs, this mortgage broker specializes in solutions for self-employed individuals, non-residents, and those with challenging credit histories. The team offers personalized guidance through mortgage approvals, earning praise for honesty, responsiveness, and clear communication. Some clients note a highly hands-on approach throughout the… more...

With 16 years of experience navigating complex borrowing needs, this mortgage broker specializes in solutions for self-employed individuals, non-residents, and those with challenging credit histories. The team offers personalized guidance through mortgage approvals, earning praise for honesty, responsiveness, and clear communication. Some clients note a highly hands-on approach throughout the process.

Services & Prices
Mortgage Approval Assistance Free Consultation
Mortgage Refinance Free Consultation
Renewal of Mortgage Free Consultation
View Profile
(647) 709-2118
Open 9:00 AM - 8:00 PM
100 Allstate Pkwy Unit 703, Markham, ON L3R 6H3, Canada
General Services
Mortgage Services
Where they are 10 on the map Click a pin for the profile and directions
6

Abi Thava - Mortgage Agent

Known for clear communication and responsiveness, Abi Thava helps clients navigate mortgage options with patience and detailed explanations. The team assists with first and second home financing, often guiding buyers through complex situations. Customers appreciate their professionalism and availability, though some note a busy schedule can affect response times.

Services & Prices
First Time Home Buyer Assistance Free Consultation
View Profile
(647) 778-4460
Open 9:00 AM - 6:00 PM
80 Acadia Ave Suite #307, Markham, ON L3R 9V1, Canada
General Services
Mortgage Services
7

DEVANG SHAH - AFFINITY MORTGAGE -MORTGAGE BROKER -SCARBOROUGH

Known for working closely with clients through challenging situations, Devang Shah at Affinity Mortgage offers personalized mortgage solutions including financing for first-time buyers, investors, and those with credit challenges. The team provides attentive communication and reliable support throughout the process, though some clients note the high demand can make scheduling a bit tight.

Services & Prices
Home Purchase Mortgage Free Consultation
Mortgage Refinancing Free Consultation
View Profile
(416) 414-7566
Open 8:00 AM - 8:00 PM
703-100 Allstate Pkwy, Markham, ON L6B 0C4, Canada
General Services
Mortgage Services
8

OMJ Mortgage Capital Inc

OMJ Mortgage Capital Inc specializes in residential, commercial, and construction financing, offering access to a wide range of lenders including private and alternate options. The team is known for their knowledgeable, responsive service and ability to navigate complex deals efficiently, though some clients note the process can be detailed given the nature of financing.

Services & Prices
Residential Mortgage Free Consultation
Commercial Mortgage Free Consultation
Construction Loan Free Consultation
Home Refinancing Free Consultation
View Profile
(905) 482-9393
Open 9:00 AM - 5:00 PM
200 Cachet Woods Ct Unit 307, Markham, ON L6C 0Z8, Canada
General Services
Mortgage Brokerage
9

The Roberts Group - Dominion Lending Centres

The Roberts Group at Dominion Lending Centres specializes in providing access to a wide range of mortgage products from major banks, credit unions, and trust companies, helping clients find options that fit their unique needs. Their team offers clear, patient guidance through the mortgage process, with many clients appreciating their thorough communication and timely responses. Some note the… more...

The Roberts Group at Dominion Lending Centres specializes in providing access to a wide range of mortgage products from major banks, credit unions, and trust companies, helping clients find options that fit their unique needs. Their team offers clear, patient guidance through the mortgage process, with many clients appreciating their thorough communication and timely responses. Some note the process can require patience, but overall, the group is valued for making mortgage decisions more understandable and less stressful.

Services & Prices
First-Time Home Buyer Mortgages Free Consultation
Mortgage Renewals Free Consultation
Mortgage Refinance Options Free Consultation
View Profile
(905) 477-1454
Open 9:00 AM - 5:00 PM
151 Main Street, Unionville, ON L3R 2G8, Canada
General Services
Mortgage Services
10

EasyMortgageLend.com

EasyMortgageLend.com specializes in helping clients with low credit scores or limited income access mortgage options that prime lenders often won’t offer. The team provides digital mortgage applications and consultations, making the process convenient and timely. Customers appreciate their responsiveness and clear communication throughout the approval process.

Services & Prices
First-Time Homebuyer Assistance Free Consultation
Mortgage Approval Assistance Free Consultation
Cash-Out Refinance Options Free Consultation
Mortgage Term Adjustment Free Consultation
View Profile
(647) 895-3921
Open 8:00 AM - 9:00 PM
West Tower, 675 Cochrane Dr Suite #104, Markham, ON L3R 0B8, Canada
General Services
Mortgage Services

Latest reviews of Markham Mortgage Brokers

Written on TrustAnalytica by clients of the businesses in this list
  • Lavern

    My husband and I used Northwood Mortgage recently and enjoyed working with Natalie A. for our mortgage needs. She is highly versed and presented several options for us to consider. She was patient and trustworthy, comprehensive and detail-oriented. Natalie made our experience seamless and I would hi…

Markham Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 Canadalend.com 5.0 100 Free Consultation (905) 881-0242 Visit
2 Taurus Mortgage Capital Inc. 5.0 99 Free Consultation (905) 209-7200 Visit
3 Northwood Mortgage Ltd 4.7 101 Free Consultation (416) 969-8130 Visit
4 Tom Brothers Financial Inc. 4.9 83 Free Consultation (905) 415-1115 Visit
5 Kishore Masand - Affinity Mortgage Solutions Inc. 5.0 76 Free Consultation (647) 709-2118 Visit
6 Abi Thava - Mortgage Agent 5.0 61 Free Consultation (647) 778-4460 Visit
7 DEVANG SHAH - AFFINITY MORTGAGE -MORTGAGE BROKER -SCARBOROUGH 5.0 49 Free Consultation (416) 414-7566 Visit
8 OMJ Mortgage Capital Inc 5.0 33 Free Consultation (905) 482-9393 Visit
9 The Roberts Group - Dominion Lending Centres 4.9 33 Free Consultation (905) 477-1454 Visit
10 EasyMortgageLend.com 5.0 31 Free Consultation (647) 895-3921 Visit

How this Markham 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

9 questions
How does the mortgage affordability calculator work?
The calculator estimates the highest home price you can afford based on income, debts, down payment, interest rate, and first-time buyer status.
What is the stress test for mortgages in Ontario?
You must qualify at the higher of your contract rate plus 2% or 5.25% to pass the stress test.
How much house can I afford on a 100k salary in Markham?
Affordability depends on your debts, down payment, and the stress test. Use the calculator for a personalized estimate.
What are GDS and TDS ratios?
GDS is up to 39% of gross income for housing costs; TDS is up to 44% for all debts, including housing.
Can first-time buyers get a 30-year mortgage?
Yes, first-time buyers and buyers of new homes can get a 30-year amortization on an insured mortgage.
How do debts affect mortgage affordability?
Higher monthly debts reduce the mortgage amount you can qualify for, affecting your TDS ratio.
What is the property tax rate in Ontario?
Property tax is about 0.85% of the home's value annually, based on 2025 municipal rates.
What's the difference between pre-approval and pre-qualification?
Pre-approval confirms your mortgage amount after verifying income and debts; pre-qualification is an initial estimate.
What does a mortgage broker do?
A mortgage broker helps you find and negotiate mortgage terms with lenders.

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