How Much Mortgage Can I Afford?

Other useful information

Buying a Home?

Let us help guide you through your home buying journey.

Choosing a Home

House, condo, or pre-build. Tips to help you choose a home that’s right for you.

Mortgage Pre-Approval

Learn how pre-approval can smooth the process.

Ready Advice

If a buyer’s deposit is less than 20% of the purchase price (or value of the property, whichever is lower) the mortgage must be insured against payment default by a Mortgage Insurer, such as CMHC.

Mortgage Pre-approval

Get an immediate response to your online application.

Ready Advice

A Down Payment is the amount of money you have towards purchasing your home. Many homebuyers make down payments of 5% to 20% of the total value of the home. The purchase price minus the down payment is the amount that generally requires financing from a bank or other financial institution.

Ready Advice

A TD Home Equity FlexLine is a Line of Credit that is secured against equity you have in your home. It offers both revolving and fixed components.

Ready Advice

Mortgage Default Insurance is required when you have less than a 20% Down Payment of the purchase price of a home. The borrower pays an insurance premium (and applicable sales tax) to the Mortgage Default Insurer. This insurance protects the bank against default by the borrower.
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