BAJANI MORTGAGE
Your Pathway to Homeownership.
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Mortgage Qualification, GDS/TDS & Stress Test Calculator
See your estimated qualification range, debt-service ratios and the qualifying rate lenders use — then download the full qualification report as a PDF.
Your Qualification Inputs
Estimated Qualification Range
$539,213 – $603,135
Estimated GDS
38.6%
Estimated TDS
44.0%
Qualifying Rate
6.79%
Your Scenario
- Household income (annual)
- $145,000
- Down payment available
- $85,000
- Other monthly debt payments
- $650
- Interest rate
- 4.79%
- Amortization
- 25 years
- Property tax (annual)
- $4,800
- Heating (monthly)
- $120
Estimated Mortgage Qualification
Estimated Qualification Range
$539,213 – $603,135
Estimated GDS
38.6%
Near guideline
Estimated TDS
44.0%
Near guideline
Qualifying Rate
6.79%
Estimated Mortgage Payment
$3,436/mo
Estimated Purchase Price
$670,000
Estimates only. These figures are not an approval, a commitment to lend or a guarantee of qualification.
Conservative and Upper Estimates
| Estimate | Purchase Price | Mortgage | Est. Payment | GDS | TDS |
|---|---|---|---|---|---|
| Conservative (35/42) | $608,000 | $539,213 | $3,072/mo | 35.0% | 40.4% |
| Upper guideline (39/44) | $670,000 | $603,135 | $3,436/mo | 38.6% | 44.0% |
Illustrative scenarios based on calculator assumptions and commonly used debt-service ranges.
Understanding Your Debt-Service Ratios
GDS — 38.6%
Near guideline (guideline up to 39%)
TDS — 44.0%
Near guideline (guideline up to 44%)
Gross Debt Service (GDS) compares certain housing-related costs with gross qualifying income. Total Debt Service (TDS) considers housing costs together with other debt obligations.
What this means
Your estimated ratios sit close to commonly used qualification guidelines. Small changes to the mortgage amount, other monthly obligations or the property's carrying costs could affect the result. Actual qualification depends on the lender, mortgage type, credit profile, income verification and other factors.
Mortgage Stress Test Snapshot
Contract Interest Rate
4.79%
Qualifying Rate
6.79%
Estimated Actual Payment
$3,436/mo
Estimated Qualifying Payment
$4,147/mo
Qualifying-rate assumption used: the greater of 5.25% or your contract rate plus 2%. As of: 2026-08-01.
Why this matters
Canadian qualification rules generally require your mortgage application to be assessed at a qualifying rate that is higher than the rate you would actually pay. The qualifying payment shown above is the payment used in that assessment, not the payment you would make.
Testing your file at the higher rate is a way of checking whether the mortgage would still be manageable if rates were higher at renewal. Actual requirements vary by lender, mortgage type and whether the mortgage is insured.
What This Means for You
Based on the information entered, your estimated qualification falls between $539,213 and $603,135 of mortgage financing, assessed at a qualifying rate of 6.79%.
Your estimated ratios sit close to commonly used qualification guidelines. Small changes to the mortgage amount, other monthly obligations or the property's carrying costs could affect the result. Actual qualification depends on the lender, mortgage type, credit profile, income verification and other factors.
Actual qualification depends on the lender, mortgage type, credit profile, income verification, property details and other factors. A licensed mortgage professional can review the complete picture with you.
Your Pathway to Homeownership Starts With Understanding Your Numbers
Your calculator results are estimates. Nandan Bajani can help you review your situation and understand your mortgage options.
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Related Resources
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