How Much Mortgage Can You Afford? Use This Simple Rule

Описание: Want to know how much mortgage you can actually afford in Canada — before even talking to a bank or broker? In this video, I’ll show you exactly how to pre-approve yourself for a mortgage using simple rules of thumb, like the income multiplier (4.75x) and the GDS/TDS ratios banks actually use.

📊 I’ll break down step-by-step:

How much you can borrow based on your income

What counts toward your debt ratios

How much you need for a minimum down payment

The monthly mortgage payments you can expect

How to stay within the lender-approved range

If you're a first-time home buyer in Ontario, Toronto, or Mississauga, this video is a must-watch to plan your home purchase with confidence.

🏡 Stop guessing — learn how to calculate your own mortgage affordability in 2025.

🔔 Don’t forget to like, subscribe, and comment below with your income if you want me to help you calculate YOUR numbers.

📩 Ready to start house hunting in the GTA? call or text 📱 647-208-9724

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