Affordability calculator

Estimate a healthy monthly rent budget. CMHC and most financial advisors recommend keeping rent below 30% of gross income.

How it's worked out

Your annual income is divided by 12, multiplied by the share you choose, and your other monthly debt payments are subtracted. The conservative and stretch figures use 25% and 35% the same way.

Rule of thumb only. Your actual affordability depends on debts, savings goals, and lifestyle. Not financial advice.