Mortgage Affordability Calculator Ontario, CA
How much house can you afford in Ontario? See your maximum price, monthly payment and pre-approval estimate. Free, instant, no credit check.
Updated · current rates and lending limits
Add your partner's income if you're buying together.
Car loans, credit cards, lines of credit, student loans. Not rent.
Enter your yearly household income.
Savings and gifts from family count. Many first-time buyer loans need just 3% down; under 20% you pay mortgage insurance.
7.40% (Freddie Mac 30-year average, October 2026). Change it if you've been quoted a rate.
Enter your down payment.
| After | Paid in total | Still owed |
|---|
GEM Mortgage
5.0 · 152 reviews · Free pre-approval
Get pre-approved →
Adam Tice, Mortgage Lender and Broker NMLS #289398
5.0 · 118 reviews · Free pre-approval
Get pre-approved →
Encore Mortgage
5.0 · 56 reviews · Free pre-approval
Get pre-approved →
An estimate, not a mortgage approval or pre-approval. A mortgage broker confirms your real number.
Top-rated mortgage brokers in Ontario
Ranked by TrustAnalytica from verified reviews · see the full Top 10 list →
GEM Mortgage
GEM Mortgage specializes in guiding clients through complex home and investment property purchases, including out-of-state deals. The team offers mortgage brokering services with clear communication and responsiveness, helping to simplify what can be a stressful process. Customers appreciate their professionalism and quick turnaround, though some note occasional delays due to the challenges… more...
GEM Mortgage specializes in guiding clients through complex home and investment property purchases, including out-of-state deals. The team offers mortgage brokering services with clear communication and responsiveness, helping to simplify what can be a stressful process. Customers appreciate their professionalism and quick turnaround, though some note occasional delays due to the challenges involved.
Adam Tice, Mortgage Lender and Broker NMLS #289398
Licensed Loan Originator NMLS #289398, Adam Tice focuses on simplifying the mortgage process with fast approvals and personalized support. Serving Ontario, CA, and beyond, the team assists with home purchases and refinancing, guiding clients clearly from pre-approval to closing. Customers appreciate their responsiveness and helpful communication throughout.
Encore Mortgage
Known for its streamlined, fully online application process, Encore Mortgage helps clients secure home purchase loans and refinancing with competitive rates. The team offers personalized guidance through various mortgage options, including FHA and VA loans, and provides tools like pre-approval letters and refinance analysis. Customers appreciate the clear communication and support throughout the… more...
Known for its streamlined, fully online application process, Encore Mortgage helps clients secure home purchase loans and refinancing with competitive rates. The team offers personalized guidance through various mortgage options, including FHA and VA loans, and provides tools like pre-approval letters and refinance analysis. Customers appreciate the clear communication and support throughout the homebuying journey.
Golden Coast Mortgage (25+ Years in Mortgage Lending)
With over 25 years in mortgage lending, Golden Coast Mortgage specializes in guiding clients through home financing with clear explanations and patient support. The team helps simplify the process for first-time and experienced buyers alike, consistently providing thorough education and attentive service. Some customers note the process can feel detailed, but appreciate the care given throughout.
Francisco M Orozco | Mortgage Loan Originator
The Loan Bar connects clients with over 100 banks to offer a broad range of mortgage options, including home purchase loans and refinancing. The team is known for clear communication and personalized guidance, helping make the home-buying process straightforward. Some clients note the process can take time, but responsiveness and support remain consistent.
Ontario Mortgage Statistics
Home-purchase lending in San Bernardino County and home costs in Ontario, CA (latest HMDA and Census data)Lenders made 17,195 home-purchase loans in San Bernardino County in 2025 (average about $469,000) and denied 2,548 — 13% of decided applications, compared with 12% across California, according to federal mortgage data (HMDA, CFPB). In Ontario, the median home is worth $607,600 and 73% of owners have a mortgage, paying a median $2,549 a month (Census ACS 2020–2024).
- Home-purchase loans, 2025
- 17,195▼ 2%17,574 in 2024
- Denial rate
- 13%CA 12%
- Median home value
- $607,600CA $734,700
- Monthly cost with a mortgage
- $2,549median · CA $2,946
- Refinance loans made (San Bernardino County, 2025)
- 12,170 · 9,471 in 2024
- Home-improvement loans made (2025)
- 3,061
- Average home-purchase loan
- $469,000 (CA $711,000)
- Owners with a mortgage
- 73% · 42% of them spend 30%+ of income on housing
- Median household income
- $88,941 (CA $99,122)
Source: CFPB / FFIEC Home Mortgage Disclosure Act (HMDA) data, 2024–2025 loan applications in San Bernardino County (originated vs denied); home values and costs: U.S. Census Bureau ACS 2020–2024. Compiled by TrustAnalytica.
| # | Business | Rating | Reviews | Starting price | Phone | Website |
|---|---|---|---|---|---|---|
| 1 | GEM Mortgage | 5.0 | 152 | — | (909) 457-0257 | Visit |
| 2 | Adam Tice, Mortgage Lender and Broker NMLS #289398 | 5.0 | 118 | Quoted per loan | (626) 825-2326 | Visit |
| 3 | Encore Mortgage | 5.0 | 56 | — | (909) 757-7017 | Visit |
| 4 | Golden Coast Mortgage (25+ Years in Mortgage Lending) | 5.0 | 34 | — | (909) 467-8600 | Visit |
| 5 | Francisco M Orozco | Mortgage Loan Originator | 5.0 | 33 | Quoted per loan | (909) 527-5171 | Visit |
How this Ontario mortgage affordability calculator works
Lenders look at your debt-to-income ratio. Housing costs (principal and interest, property tax, homeowners insurance and mortgage insurance) should stay under about 31% of your gross monthly income, and housing plus your other monthly debts under 43%. The calculator finds the highest home price that passes both tests with your down payment, on a 30-year fixed loan.
California rules and numbers this calculator uses
- Debt-to-income
- 31% for housing and 43% total, the FHA standard and the long-time Qualified Mortgage limit. Some conventional loans go higher with strong credit and savings.
- Down payment
- At least 3% on a conventional first-time buyer loan (3.5% on FHA). Under 20% down, private mortgage insurance of about 0.6% of the loan a year is added to the payment.
- Property tax
- About 0.69% of the home's value a year, the California average for owner-occupied homes (2024 Census ACS).
- Insurance
- Homeowners insurance assumed at $150 a month; it varies a lot by home and location.
- Rate
- Starts at 7.40% (Freddie Mac 30-year average, October 2026). Change it to the rate you have been quoted.
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: Freddie Mac Primary Mortgage Market Survey (October 2026), U.S. Census Bureau American Community Survey 2024 property tax data, FHA and CFPB debt-to-income guidance.
Frequently asked questions
9 questionsHow does the mortgage affordability calculator work?
How accurate is the mortgage affordability estimate?
What is the debt-to-income ratio for mortgages in California?
What is the minimum down payment for a home in Ontario, CA?
How do interest rates affect mortgage affordability?
How do existing debts impact mortgage qualification?
What are property taxes like in California?
What is the difference between mortgage pre-approval and pre-qualification?
How does PMI affect my mortgage in Ontario, CA?
General information, not financial advice — consult a qualified professional.