Could my equity buy the next one?
See how much of your home equity can become a down payment, whether your income qualifies for the second mortgage, and the real ceiling on your next purchase — a rental, or a move-up where you keep the old place. Pre-filled with today’s best 5-year fixed from our lender feed (4.24%) — change anything.
The fine print, honestly. Qualifying uses a stress-tested rate (the greater of your rate + 2% or 5.25%), a 44% total-debt-service limit and counts 50% of rental income — the common lender treatment. Property tax defaults to 1% of value per year and lenders count 50% of condo fees. Rental rules, ratios and lender policies vary; we confirm your number on a call. These are estimates using standard Canadian lending rules (semi-annual compounding, CMHC premium tiers, GDS 39% / TDS 44%, the OSFI stress test). Lender policies, your credit profile and property details can change the picture — that’s the part a conversation covers.
Let’s make your mortgage make sense.
Numbers are a starting point. When you want them turned into a plan, start with a conversation. No pressure. No mortgage-speak.
Let’s Talk MortgageYour mortgage questions live here.
Whether you’re buying, renewing, refinancing or simply trying to make the numbers behave, start with the service—or the Alberta community—that feels most like home.