Updated – August 16, 2018
| Down payment greater than 20% | Down payment Less than 20% | |||||
| Mortgage Amount | Income Required | Actual Payment | Qualifying payment | Income Required | Actual Payment | Qualifying Payment |
| 200,000 | $50,000 | $922 | $1,157 | $52,000 | $997 | $1,202 |
| 250,000 | $60,000 | $1,152 | $1,447 | $62,000 | $1,247 | $1,503 |
| 300,000 | $70,000 | $1,383 | $1,736 | $73,000 | $1,496 | $1,803 |
| 350,000 | $80,000 | $1,613 | $2,025 | $83,000 | $1,746 | $2,104 |
| 400,000 | $90,000 | $1,844 | $2,315 | $93,000 | $1,995 | $2,404 |
| 450,000 | $104,000 | $2,074 | $2,604 | $108,000 | $2,244 | $2,705 |
| 500,000 | $114,000 | $2,305 | $2,893 | $118,000 | $2,494 | $3,006 |
| 550,000 | $124,000 | $2,535 | $3,183 | $128,000 | $2,743 | $3,306 |
| 600,000 | $134,000 | $2,766 | $3,472 | $138,000 | $2,992 | $3,607 |
| 650,000 | $148,000 | $2,996 | $3,761 | $153,000 | $3,242 | $3,907 |
| 700,000 | $158,000 | $3,226 | $4,051 | $164,000 | $3,491 | $4,208 |
| 750,000 | $168,000 | $3,457 | $4,340 | $174,000 | $3,741 | $4,508 |
| 800,000 | $178,000 | $3,687 | $4,629 | $184,000 | $3,990 | $4,809 |
| 850,000 | $188,000 | $3,918 | $4,919 | $195,000 | $4,239 | $5,109 |
| 900,000 | $198,000 | $4,148 | $5,208 | $205,000 | $4,489 | $5,410 |
| 950,000 | $208,000 | $4,379 | $5,497 | NA | NA | NA |
| 1,000,000 | $218,000 | $4,609 | $5,787 | NA | NA | NA |
Rates used for actual payment calculations: Down payment greater than 20% – 3.74% Down payment less than 20% – 3.49%
Rates used for qualification payment calculations: Down payment greater than 20% – 5.74 % Down payment less than 20% – 5.34%
This guidelines uses the standard stress test and 35% of personal income for housing. Excellent credit, basement suite income and other factors will increase amount one qualifies for.