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Review Keywords Analysis

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

Mortgage Affordability Calculator Richmond Hill, ON

How much house can you afford in Richmond Hill? 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 Richmond Hill

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

1

360Lending

Known for its fully digital, transparent approach, 360Lending specializes in home equity loans, HELOCs, and mortgage refinancing. The team offers tools to help clients compare options and understand costs upfront, aiming to simplify financial decisions. Clients appreciate the clear communication and patient guidance, though some caution about risks with second mortgages today.

Services & Prices
Debt Assessment Free Consultation
Financial Counseling Free Consultation
Mortgage Refinancing Advice Free Consultation
View Profile
(888) 794-1464
Closed Now
9040 Leslie St Unit 215, Richmond Hill, ON L4B 3M4, Canada
General Services
Debt Consolidation
2

Chris Bargis

Known for a client-focused approach that prioritizes borrower needs over banks, the team at Chris Bargis offers tailored mortgage solutions for first-time buyers, self-employed individuals, and investors. They guide clients through everything from pre-approval to complex financing, with clear communication and patient support that helps make the mortgage process more manageable.

Services & Prices
First Home Purchase Free Consultation
Bridge Loan Free Consultation
Mortgage Rate Optimization Free Consultation
View Profile
(647) 883-9366
Open 00:00 - 23:59
15 Wertheim Ct Suite 210, Richmond Hill, ON L4B 3H7, Canada
General Services
Mortgage Brokerage
3

CIBC Mortgage Advisor: Shadi Jafarian

CIBC Mortgages offers personalized mortgage advice with a focus on flexibility and inclusivity, including support for newcomers and multilingual services. The team assists with a range of needs, from first-time home purchases to investment properties and mortgage transfers. Clients appreciate the knowledgeable, patient guidance and responsive communication throughout the process.

Services & Prices
Mortgage Structuring Free Consultation
View Profile
(416) 953-9385
Closed Now
8825 Yonge St Unit A-1, Richmond Hill, ON L4C 6Z1, Canada
General Services
Mortgage Services
4

Ejaz Alidina - Mortgage Broker

Ejaz Alidina specializes in creating mortgage plans that address individual financial needs with patience and clear communication. The team offers services including reverse mortgages and personalized loan solutions, consistently providing supportive guidance throughout the process. Customers appreciate their understanding approach and willingness to answer questions thoroughly.

View Profile
(289) 452-0926
Open 00:00 - 23:59
1595 16th Ave Ste 401, Richmond Hill, ON L4B 3N9, Canada
5

BENSON MORTGAGES

With over a decade of experience and access to more than 170 lenders, Benson Mortgages offers a wide range of mortgage solutions, including private lending, refinancing, and financing for first-time buyers and investors. Clients often highlight the team’s fast approvals and clear communication, though some note occasional delays and credit checks without prior notice.

Services & Prices
Mortgage Approval Assistance Free Consultation
Refinancing Assistance Free Consultation
Investment Property Financing Free Consultation
View Profile
(647) 277-3950
Closed Now
10376 Yonge St #209, Richmond Hill, ON L4C 3B8, Canada
General Services
Mortgage Brokerage
Where they are 10 on the map Click a pin for the profile and directions
6

George Samson - Mortgage Professional

Licensed across multiple provinces, this mortgage professional specializes in residential and commercial financing, including tailored solutions for first-time buyers and refinancing. The team offers services such as purchase mortgages, renewals, reverse mortgages, and private lending, with clients appreciating clear explanations and responsive support throughout the process.

Services & Prices
Purchase Mortgages Free Consultation
Refinancing Free Consultation
Pre-Approval Free Consultation
View Profile
(888) 604-0506
Closed Now
15 Wertheim Ct Suite 210, Richmond Hill, ON L4B 3H7, Canada
General Services
Mortgage Services
7

Al Sager - Canadian Financial Solutions Inc. (CFS)

About Canadian Financial SolutionsCanadian Financial Solutions is a company dedicated to providing a wide array of financial tools and services to Canadians, specializing in hard-to-place financing, debt consolidation, and credit rebuilding. They pride themselves on a strong team of committed, well-educated, experienced, and motivated Financial Specialists. Their primary objective is to guide… more...

About Canadian Financial SolutionsCanadian Financial Solutions is a company dedicated to providing a wide array of financial tools and services to Canadians, specializing in hard-to-place financing, debt consolidation, and credit rebuilding. They pride themselves on a strong team of committed, well-educated, experienced, and motivated Financial Specialists. Their primary objective is to guide clients, regardless of their starting financial situation, towards achieving their short-term and long-term goals. They aim to create a personalized blueprint of easy-to-follow steps and offer continuous support throughout the process. The company serves Canadians from all walks of life across the country.Credentials & ExpertiseCanadian Financial Solutions is recognized for its team of committed, well-educated, experienced, and motivated Financial Specialists. They focus on guiding clients to achieve their financial goals by understanding their needs and creating tailored plans. The company emphasizes standing by clients throughout the process, ensuring their best interests are prioritized. Their expertise lies in navigating complex financial situations, offering competitive rates, and demonstrating competence in their services.Services OfferedCanadian Financial Solutions offers a comprehensive suite of mortgage and financial services. These include Second Mortgages, allowing clients to borrow against their home equity for purchases or debt consolidation. They provide Debt Solutions through a system that consolidates unsecured debts into a single, low-cost monthly payment. Credit Solutions are available to help individuals with little or no credit establish a better financial standing. Additionally, they offer Home Equity Loans for flexible borrowing, assistance with Power of Sale & Foreclosure situations, and opportunities for private mortgage investments. They also provide guidance on increasing home value through renovations and explain bad credit mortgages.Unique AdvantagesCanadian Financial Solutions distinguishes itself by focusing on hard-to-place financing that banks often reject. They offer a wide assortment of financial tools and a dedicated team of specialists committed to client success. The company emphasizes a personalized approach, creating tailored plans and providing ongoing support. They are known for their ability to help clients achieve their goals, even in challenging financial circumstances, and are proud to serve Canadians nationwide.

View Profile
(888) 704-1255
Closed Now
60 Granton Dr Unit 4, Richmond Hill, ON L4B 2N6, Canada
8

Michael

Known for clear communication and availability, this mortgage broker guides clients through every step of the home financing process with patience and professionalism. The team offers personalized mortgage solutions and is praised for making first-time borrowers feel comfortable and informed. Some clients note the process can take time, but appreciate the thorough support throughout.

Services & Prices
First-Time Home Buyer Assistance Free Consultation
Rate Reduction Service Free Consultation
Cash-Out Refinancing Free Consultation
Debt Consolidation Loans Free Consultation
View Profile
(416) 358-4511
Open 00:00 - 23:59
15 Wertheim Ct, Richmond Hill, ON L4B 3H7, Canada
General Services
Mortgage Services
9

Nick Bargis Mortgages

Known for a client-first approach and clear communication, Nick Bargis Mortgages helps make the mortgage process straightforward and manageable. The team assists with home purchases by explaining options and staying available even after closing. Some delays on the bank’s side have been noted, but responsiveness remains a strong point.

Services & Prices
Income Verification Services Free Consultation
Credit Check Services Free Consultation
Debt-to-Income Ratio Assessment Free Consultation
Annual Mortgage Review Free Consultation
View Profile
(416) 910-8037
Open 00:00 - 23:59
15 Wertheim Ct Suite 210, Richmond Hill, ON L4B 3H7, Canada
General Services
Mortgage Pre-Approval
10

Mortgage Agent Frankie Ho Richmond Hill

Mortgage Agent Frankie Ho Richmond Hill specializes in providing clear, pressure-free mortgage advice with a focus on transparency and responsiveness. The team assists with mortgage approvals and securing competitive interest rates, often praised for thorough communication and quick replies. Some clients note the fast pace may feel brisk but appreciate the efficiency.

Services & Prices
Mortgage Rate Comparison Free Consultation
View Profile
(647) 982-0130
Closed Now
9608 Yonge St, Richmond Hill, ON L4C 0X4, Canada
General Services
Mortgage Services
Richmond Hill Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 360Lending 4.9 853 Free Consultation (888) 794-1464 Visit
2 Chris Bargis 5.0 198 Free Consultation (647) 883-9366 Visit
3 CIBC Mortgage Advisor: Shadi Jafarian 5.0 154 Free Consultation (416) 953-9385 Visit
4 Ejaz Alidina - Mortgage Broker 5.0 126 — (289) 452-0926 —
5 BENSON MORTGAGES 4.8 127 Free Consultation (647) 277-3950 Visit
6 George Samson - Mortgage Professional 5.0 115 Free Consultation (888) 604-0506 Visit
7 Al Sager - Canadian Financial Solutions Inc. (CFS) 4.7 107 — (888) 704-1255 Visit
8 Michael 5.0 85 Free Consultation (416) 358-4511 Visit
9 Nick Bargis Mortgages 5.0 84 Free Consultation (416) 910-8037 Visit
10 Mortgage Agent Frankie Ho Richmond Hill 5.0 44 Free Consultation (647) 982-0130 —

How this Richmond Hill 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

8 questions
How does the mortgage affordability calculator work?
It estimates the maximum 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%.
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 the mortgage.
Can first-time buyers get a 30-year amortization?
Yes, first-time buyers and buyers of newly built homes can get a 30-year amortization on an insured mortgage.
How do debts affect my mortgage affordability?
Higher debts reduce the amount you can borrow, as they increase your TDS ratio.
What is the property tax rate in Ontario?
Approximately 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 borrowing capacity with verified income and credit; pre-qualification is an initial estimate.
How does CMHC insurance affect my mortgage?
CMHC insurance premiums vary by down payment size, adding to the loan cost if less than 20% down.

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