×

Review Keywords Analysis

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

Mortgage Affordability Calculator Ottawa, ON

How much house can you afford in Ottawa? 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 Ottawa

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

1

Centum Bank Street Mortgage - Mortgage Broker Ottawa

Verified

Bank Street Mortgage specializes in guiding homebuyers and investors through competitive mortgage and refinancing options with trusted lenders. Their team offers personalized support aimed at making the mortgage process smooth and straightforward. Clients appreciate their knowledgeable approach and consistent effort to secure favorable rates, though experiences may vary.

Services & Prices
Home Purchase Mortgage, Mortgage Refinancing, Pre-Approval for Mortgage)
View Profile
(613) 523-4949
Closed Now
74 Colonnade Rd Unit#2, Ottawa, ON K2E 7L2, Canada
General Services
Mortgage Services
2

Vanessa Wilson - Ottawa Mortgage Broker

Known for clear communication and thorough guidance, Vanessa Wilson specializes in helping first-time homebuyers navigate the mortgage process with confidence. The team offers mortgage renewal and purchase services, consistently providing prompt responses and detailed explanations. Clients appreciate the smooth, supportive experience and the effort to secure competitive rates.

Services & Prices
Mortgage Rate Comparison Free Consultation
View Profile
(613) 355-9969
Open 00:00 - 23:59
1320 Carling Ave #205, Ottawa, ON K1Z 6H2, Canada
General Services
Mortgage Services
3

Andrew Thake - Ottawa Mortgage Broker

With over 14 years of experience, Andrew Thake specializes in helping first-time buyers, those with bad credit, and clients seeking unique financing like construction or cottage mortgages. The team guides clients patiently through purchases, refinances, and renewals, often easing the process with clear communication and detailed explanations.

Services & Prices
First-Time Home Buyer Mortgage Free Consultation
Refinancing Assistance Free Consultation
Mortgage Renewal Assistance Free Consultation
View Profile
(613) 699-2006
Closed Now
150 Isabella St Unit 110, Ottawa, ON K1S 1V7, Canada
General Services
Mortgage Brokerage
4

Ottawa Mortgage Broker - Chris Allard

Known for guiding first-time homebuyers through the mortgage process, this team works closely with clients to secure competitive rates from various lenders. They handle everything from application to contract management, with clear communication and prompt responses. Customers appreciate their detailed explanations and supportive approach throughout the process.

Services & Prices
Home Purchase Mortgage Free Consultation
Mortgage Renewal Free Consultation
Refinancing Free Consultation
Credit Assessment Free Consultation
View Profile
(613) 324-2389
Closed Now
150 Isabella St #110, Ottawa, ON K1S 1V7, Canada
General Services
Mortgage Services
5

The Wilson Team - YourOttawaMortgage

The Wilson Team specializes in mortgage strategies tailored to families and individuals, including self-employed clients and new Canadians. They assist with purchases, refinancing, renewals, and investment properties, often guiding clients through complex situations. Customers appreciate their clear communication, responsiveness, and ability to simplify the mortgage process.

Services & Prices
Mortgage Application Free Consultation
Mortgage Renewal Free Consultation
Mortgage Refinance Free Consultation
Home Buying Process Workshop Free Consultation
View Profile
(613) 440-0134
Closed Now
174 Wild Senna Way, Ottawa, ON K2J 5Z5, Canada
General Services
Mortgage Services
Where they are 10 on the map Click a pin for the profile and directions
6

The Mortgage Advisors - Ottawa Mortgage Brokers

The Mortgage Advisors team specializes in creating customized mortgage strategies for a range of clients, from first-time buyers to those refinancing or upgrading their homes. They guide customers through every stage of the mortgage process, offering clear explanations and responsive support. Some clients note that the process can take time, but appreciate the team’s patience and thoroughness.

Services & Prices
Fixed Rate Mortgages Free Consultation
Variable Rate Mortgages Free Consultation
Construction Mortgages Free Consultation
View Profile
(613) 591-3591
Closed Now
2725 Queensview Dr #500, Ottawa, ON K2B 0A1, Canada
General Services
Home Financing
7

Mortgage Brokers Ottawa

Mortgage Brokers Ottawa specializes in connecting clients with Canada’s largest lenders to secure competitive mortgage rates and flexible terms. Their team assists with purchases, refinancing, debt consolidation, and new property financing, often praised for clear communication and thorough guidance throughout the process. Some clients note the process can feel complex, but the team’s support… more...

Mortgage Brokers Ottawa specializes in connecting clients with Canada’s largest lenders to secure competitive mortgage rates and flexible terms. Their team assists with purchases, refinancing, debt consolidation, and new property financing, often praised for clear communication and thorough guidance throughout the process. Some clients note the process can feel complex, but the team’s support helps ease those challenges.

Services & Prices
First-Time Home Buyer Assistance Free Consultation
Refinancing Services Free Consultation
Home Equity Line of Credit (HELOC) Free Consultation
Pre-Approval Services Free Consultation
View Profile
(613) 798-1973
Closed Now
1701 Woodward Dr #300, Ottawa, ON K2C 0R4, Canada
General Services
Mortgage Brokerage
8

Kristin Stauffer - Ottawa Mortgage Broker, AMP with Dominion Lending Centres

Specializing in guiding first-time homebuyers through the mortgage process, this broker offers clear, patient advice to help clients make informed decisions. Services include financing for primary residences, rental, and investment properties, with a focus on transparent communication and responsiveness. Clients appreciate the thorough explanations and timely support throughout.

Services & Prices
Refinancing Assistance Free Consultation
Rate Monitoring Alerts Free Consultation
Market Trend Reports Free Consultation
Personalized Rate Projections Free Consultation
View Profile
(613) 759-2157
Closed Now
1500 Bank St #201,Ottawa, ON K1H 7Z2
General Services
Mortgage Brokerage
9

Certified Mortgage Broker Ottawa

Certified Mortgage Broker Ottawa focuses on helping clients find the lowest mortgage rates and guiding them through refinancing or home purchases. The team offers personalized assessments and clear answers, making the process smoother for first-time buyers and repeat clients alike. Some mention that their physical office location is currently under construction.

Services & Prices
First-time Home Buying Free Consultation
Refinancing Free Consultation
Mortgage Renewal Free Consultation
View Profile
(613) 706-4656
Closed Now
1800 Bank St #20, Ottawa, ON K1V 0W3, Canada
General Services
Mortgage Services
10

Ottawa Top Mortgages

Known for navigating complex financial situations, Ottawa Top Mortgages specializes in securing competitive mortgage rates for self-employed clients and first-time buyers. The team assists with purchases, refinancing, and debt consolidation, providing clear guidance throughout. Customers appreciate their responsiveness and thorough communication, though the process can sometimes take longer due… more...

Known for navigating complex financial situations, Ottawa Top Mortgages specializes in securing competitive mortgage rates for self-employed clients and first-time buyers. The team assists with purchases, refinancing, and debt consolidation, providing clear guidance throughout. Customers appreciate their responsiveness and thorough communication, though the process can sometimes take longer due to detailed attention.

Services & Prices
First-Time Home Buyer Assistance Free Consultation
Mortgage Renewal Free Consultation
Refinancing Free Consultation
View Profile
(613) 656-0111
Closed Now
2900 Gibford Dr unit 116, Ottawa, ON K1V 2R4, Canada
General Services
Mortgage Brokerage

Latest reviews of Ottawa Mortgage Brokers

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

    We found Andrew online through the same type of website and reviews as we’re now writing here. Aside from having a high star rating, Andrew had several great comments about how helpful he was in this process. As new homebuyers it was important that we get someone who we could trust and who would tak…

  • A

    Andrew helped us start our first home journey earlier this year. He was one of our first contacts in the real estate industry as we wanted to ensure we could secure our funding prior to getting too deep into our house search. Andrew worked through the details to us over multiple meetings and taught…

Ottawa Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 Centum Bank Street Mortgage - Mortgage Broker Ottawa 4.5 32 — (613) 523-4949 Visit
2 Vanessa Wilson - Ottawa Mortgage Broker 5.0 108 Free Consultation (613) 355-9969 Visit
3 Andrew Thake - Ottawa Mortgage Broker 5.0 102 Free Consultation (613) 699-2006 Visit
4 Ottawa Mortgage Broker - Chris Allard 4.9 100 Free Consultation (613) 324-2389 Visit
5 The Wilson Team - YourOttawaMortgage 4.9 99 Free Consultation (613) 440-0134 Visit
6 The Mortgage Advisors - Ottawa Mortgage Brokers 5.0 85 Free Consultation (613) 591-3591 Visit
7 Mortgage Brokers Ottawa 4.7 75 Free Consultation (613) 798-1973 Visit
8 Kristin Stauffer - Ottawa Mortgage Broker, AMP with Dominion Lending Centres 5.0 52 Free Consultation (613) 759-2157 Visit
9 Certified Mortgage Broker Ottawa 4.9 47 Free Consultation (613) 706-4656 Visit
10 Ottawa Top Mortgages 4.7 43 Free Consultation (613) 656-0111 Visit

How this Ottawa 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 1.23% of the home's value a year (Ottawa, 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 questions
How does the mortgage affordability calculator work?
It estimates the highest home price you can qualify for based on income, debts, down payment, and interest rate, considering Ontario's stress test and CMHC limits.
What is the stress test for mortgages in Ontario?
You must qualify at the higher of your contract rate plus 2% or 5.25%, ensuring you can afford payments if rates rise.
How much house can I afford on a 100k salary in Ottawa?
It depends on your debts, down payment, and the current interest rate. Use the calculator for a personalized estimate.
What are GDS and TDS ratios?
GDS is housing costs up to 39% of gross income; TDS includes all debts up to 44%, both at the qualifying rate.
Can first-time buyers get a 30-year mortgage?
Yes, first-time buyers and buyers of newly built homes can access a 30-year amortization on an insured mortgage.
How do debts affect my mortgage affordability?
Higher debts reduce the amount you can borrow, as lenders consider your TDS ratio, which includes all monthly debt payments.
What is the property tax rate in Ottawa?
The property tax rate is about 1.23% of the home's value annually, based on the 2025 municipal rate.
What's the difference between pre-approval and pre-qualification?
Pre-approval confirms your borrowing ability after verifying income, debts, and credit. Pre-qualification is an initial estimate without verification.

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