×

Review Keywords Analysis

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

Mortgage Affordability Calculator Vaughan, ON

How much house can you afford in Vaughan? 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 Vaughan

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

1

Nuborrow - Mortgage Broker

Nuborrow offers a fully digital mortgage experience designed for speed and convenience, with applications completed in minutes and secure online document handling. They provide a range of mortgage options, including refinancing and home equity products, and clients appreciate clear communication and helpful guidance throughout the process. Some mention a desire for more upfront details on… more...

Nuborrow offers a fully digital mortgage experience designed for speed and convenience, with applications completed in minutes and secure online document handling. They provide a range of mortgage options, including refinancing and home equity products, and clients appreciate clear communication and helpful guidance throughout the process. Some mention a desire for more upfront details on additional charges.

Services & Prices
Rate Comparison Free Consultation
View Profile
(888) 372-5588
Closed Now
9131 Keele St Unit A6/A7, Vaughan, ON L4K 0G7, Canada
General Services
Mortgage Services
2

ModernMortgage.ca

Known for providing honest, objective mortgage advice, ModernMortgage.ca helps clients understand the full cost of borrowing beyond just interest rates. They assist with purchasing, refinancing, equity take-outs, and renewals, often guiding first-time buyers and newcomers through complex financial situations. Customers appreciate their thoroughness and responsive support throughout the process.

Services & Prices
Purchase Mortgages Free Consultation
Refinancing Free Consultation
Pre-Approval Free Consultation
View Profile
(416) 824-9060
Closed Now
7681 Hwy 27 #6, Vaughan, ON L4L 4M5, Canada
General Services
Mortgage Services
3

Online Mortgage

With dual credentials as a CPA and Accredited Mortgage Professional, this broker offers a blend of financial expertise and mortgage knowledge. Serving homeowners across Canada, the team assists with purchases, refinancing, renovations, and debt consolidation by comparing options from over forty lenders. Clients appreciate clear communication and responsive support throughout the process.

View Profile
(416) 704-3310
Closed Now
196 Siderno Crescent, Vaughan, ON L4L 9M5, Canada
4

Lino Contento Mortgages

Known for their attentive and patient approach, Lino Contento Mortgages supports clients through every step of the homebuying process. The team specializes in securing competitive mortgage rates and offers clear guidance, helping buyers understand their options. While occasional challenges arise, they respond quickly and work diligently to find solutions.

Services & Prices
Home Purchase Mortgage Free Consultation
Refinancing Mortgage Free Consultation
Mortgage Pre-Approval Free Consultation
View Profile
(905) 553-3270
Open 00:00 - 23:59
29 Davos Rd, Vaughan, ON L4H 0P4, Canada
General Services
Mortgage Services
5

Brian Smith Mortgages

Brian Smith Mortgages specializes in guiding clients through buying, renewing, and refinancing mortgages with personalized strategies and clear advice. The team offers free consultations and a Mortgage Planner App to help manage mortgage decisions. Customers appreciate their professionalism, patience, and ongoing support throughout the process.

Services & Prices
Pre-Approval Services Free Consultation
View Profile
(647) 302-5198
Closed Now
400 Applewood Crescent Ste 100, Vaughan, ON L4K 0C3, Canada
General Services
Mortgage Services
Where they are 10 on the map Click a pin for the profile and directions
6

Mortgage Alliance - Main Street Mortgages - Mortgage Broker Vaughan

With two decades of experience, Main Street Mortgages focuses on securing competitive mortgage rates by working with multiple lenders. Their team offers flexible mortgage solutions for first-time buyers, debt elimination, self-employed clients, and real estate investors. Customers appreciate their knowledgeable, patient approach and personalized service throughout the process.

View Profile
(905) 235-3396
Open 00:00 - 23:59
8551 Weston Rd Suite 201, Vaughan, ON L4L 9R4, Canada
7

Ahmet Dogan - Mortgage Agent Lv 2

Specializing in complex mortgage files, especially for self-employed clients, this brokerage offers access to over 30 lenders, expanding financing options beyond traditional banks. Their services include first-time homebuyer assistance, refinancing, and investment property mortgages, supported by Ontario-specific tools and responsive communication. Clients appreciate the clear explanations and… more...

Specializing in complex mortgage files, especially for self-employed clients, this brokerage offers access to over 30 lenders, expanding financing options beyond traditional banks. Their services include first-time homebuyer assistance, refinancing, and investment property mortgages, supported by Ontario-specific tools and responsive communication. Clients appreciate the clear explanations and steady guidance throughout the process.

Services & Prices
Mortgage Rate Comparison Free Consultation
Rate Refinancing Free Consultation
Cash-Out Refinancing Free Consultation
Debt Consolidation Refinancing Free Consultation
View Profile
(647) 952-1500
Closed Now
665 Millway Ave #63, Vaughan, ON L4K 3T8, Canada
General Services
Mortgage Brokerage
8

Stephanie Hartery, Mortgage Agent, Oriana Financial Group of Canada Ltd. #10214

Known for clear communication and a patient, personalized approach, the agents at Oriana Financial Group of Canada Ltd. help clients navigate mortgage options with confidence. They assist with a variety of lending needs, guiding borrowers through each step and responding promptly to questions. Customers appreciate the team’s thoroughness and ability to simplify what can be a complex process.

Services & Prices
Credit Assessment Free Consultation
Loan Comparison Analysis Free Consultation
Closing Cost Estimation Free Consultation
First-time Home Buyer Assistance Free Consultation
View Profile
(647) 208-0115
Closed Now
4300 Steeles Ave W, Vaughan, ON L4L 4C2, Canada
General Services
Mortgage Pre-approval
9

Miracle Financial - Mortgage Brokerage

Miracle Financial specializes in personalized mortgage solutions that go beyond standard bank offerings, focusing on complex situations like self-employment and credit challenges. They provide services including first and second mortgages, refinancing, and debt consolidation, with clients appreciating their clear communication and patient guidance throughout the process.

Services & Prices
Credit Report Review $30 - $50
View Profile
(905) 588-4242
Closed Now
603 Millway Ave Unit 17, Vaughan, ON L4K 3V1, Canada
General Services
Credit Services
10

The Adrian Perry Mortgage Broker Team

Known for clear communication and a patient approach, the Adrian Perry Mortgage Broker Team specializes in guiding first-time homebuyers through the mortgage process. They assist with approvals and coordinate with realtors and lawyers to ease the experience. Clients appreciate their accessibility and thoroughness, though some note the process can still feel lengthy.

Services & Prices
Mortgage Pre-Approval Free Consultation
Mortgage Refinancing Assistance Free Consultation
View Profile
(416) 990-9499
Open 00:00 - 23:59
4300 Steeles Ave W #34, Vaughan, ON L4L 4C2, Canada
General Services
Mortgage Brokerage
Vaughan Mortgage Brokers stats: 10 businesses compared side by side · updated
# Business Rating Reviews Starting price Phone Website
1 Nuborrow - Mortgage Broker 4.8 2154 Free Consultation (888) 372-5588 Visit
2 ModernMortgage.ca 5.0 401 Free Consultation (416) 824-9060 Visit
3 Online Mortgage 5.0 130 — (416) 704-3310 Visit
4 Lino Contento Mortgages 4.9 120 Free Consultation (905) 553-3270 Visit
5 Brian Smith Mortgages 5.0 114 Free Consultation (647) 302-5198 Visit
6 Mortgage Alliance - Main Street Mortgages - Mortgage Broker Vaughan 5.0 71 — (905) 235-3396 Visit
7 Ahmet Dogan - Mortgage Agent Lv 2 5.0 58 Free Consultation (647) 952-1500 Visit
8 Stephanie Hartery, Mortgage Agent, Oriana Financial Group of Canada Ltd. #10214 5.0 26 Free Consultation (647) 208-0115 Visit
9 Miracle Financial - Mortgage Brokerage 5.0 19 $30 (905) 588-4242 Visit
10 The Adrian Perry Mortgage Broker Team 5.0 18 Free Consultation (416) 990-9499 Visit

How this Vaughan 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 Vaughan mortgage affordability calculator work?
It estimates the highest home price you can afford based on income, debts, down payment, and interest rate, including CMHC insurance and property tax.
What is the mortgage stress test 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 housing costs up to 39% of gross income; TDS is all debts up to 44%, both at the qualifying rate.
How does CMHC insurance affect my mortgage?
CMHC insurance premiums range from 2.80% to 4.00% based on your down payment, with no premium at 20% down.
Can first-time buyers in Ontario get a 30-year mortgage?
Yes, first-time buyers and those buying newly built homes can get a 30-year amortization on an insured mortgage.
How do debts affect my mortgage affordability?
Debts reduce the amount you can borrow, as lenders consider your TDS ratio, which includes all monthly debt payments.
What are typical property taxes in Vaughan, Ontario?
Property tax is about 0.85% of the home's value annually, based on 2025 rates.
What is the difference between pre-approval and pre-qualification?
Pre-approval confirms your borrowing limit after verifying income, debts, credit, and down payment; pre-qualification is an initial estimate.

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