Mortgage Stress Test Calculator
See if you qualify under Canada's mortgage stress test. The qualifying rate is the higher of your contract rate + 2% or 5.25%.
Updated 2026Data stays on your deviceData verified Sep 27, 2026
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Stress Test Result
FAIL
You may not qualify at the stress test rate
Qualifying Rate
7.50%
Max of 5.50% + 2% or 5.25%
Stressed Monthly Payment
$3,657.77
At qualifying rate
GDS Ratio
50.3%
Exceeds 39% limit
TDS Ratio
56.3%
Exceeds 44% limit
Monthly Breakdown at Qualifying Rate
Mortgage Payment$3,657.77
Property Tax$333.33
Heating$200.00
Other Debts$500.00
Total Obligations$4,691.11
Monthly Gross Income$8,333.33
Frequently Asked Questions
What is the mortgage stress test?
Since 2018, all federally regulated lenders must qualify borrowers at the higher of their contract rate plus 2% or the benchmark rate of 5.25%. This ensures you can still afford payments if rates rise.
What are the GDS and TDS limits?
Gross Debt Service (GDS) ratio must be at most 39% of gross income. Total Debt Service (TDS) must be at most 44% of gross income. These include housing costs and all other debt obligations.
Does the stress test apply to renewals?
If you renew with your existing lender, the stress test does not apply. Since November 21, 2024 a straight switch of an uninsured mortgage to a new lender at renewal (same balance, same remaining amortization) is exempt too; insured mortgages were already exempt. You would be stress-tested again only if you borrow more or extend the amortization.
Official Data Sources
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Built and reviewed by Konstantin Iakovlev · Data from CRA, CMHC, Bank of Canada · Methodology2026 figures on this page verified against CMHC, OSFI · last check Sep 27, 2026 · methodology · what changed
Disclaimer: This calculator provides estimates based on publicly available data from CRA and other government sources. It does not constitute financial advice. Consult a qualified advisor for decisions about your specific situation.