Team: Candid Real Estate Group
Brokerage: RE/MAX 2000 Realty
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Calculators · Buying
A fast read on your ceiling using the federal stress test and the standard debt-service limits lenders apply.
Maximum purchase price
$455,000
A $417,555 mortgage over 25 years, with $50,000 down. The GDS ratio is the limit.
How the ratios are built
The stress test is the ceiling, not your payment
These calculators are educational illustrations, not advice and not an offer of credit. Figures are estimates from the inputs you enter and simplified rules; your lender's calculation, rates, fees, taxes and qualification will differ and are confirmed only by a licensed mortgage professional, lawyer or accountant. Mervin Truong is a licensed real estate professional, not a mortgage broker or financial advisor.
From estimate to plan
A calculator describes a scenario. I'll read it against what's selling now and introduce a licensed mortgage professional to confirm what you qualify for.