Alberta affordability
Income needed by mortgage amount
See the gross household income you need for common mortgage amounts in Alberta — from $300K to $1M — qualified under the OSFI stress test with a 39% GDS limit.
Last reviewed against current CMHC, OSFI, and CRA rules.
Choose a mortgage amount
Income for a $300,000 mortgage About $80,000/yr at 5.49% (stress-tested). Income for a $350,000 mortgage About $91,000/yr at 5.49% (stress-tested). Income for a $400,000 mortgage About $102,000/yr at 5.49% (stress-tested). Income for a $450,000 mortgage About $114,000/yr at 5.49% (stress-tested). Income for a $500,000 mortgage About $125,000/yr at 5.49% (stress-tested). Income for a $550,000 mortgage About $136,000/yr at 5.49% (stress-tested). Income for a $600,000 mortgage About $147,000/yr at 5.49% (stress-tested). Income for a $650,000 mortgage About $158,000/yr at 5.49% (stress-tested). Income for a $700,000 mortgage About $170,000/yr at 5.49% (stress-tested). Income for a $750,000 mortgage About $181,000/yr at 5.49% (stress-tested). Income for a $800,000 mortgage About $192,000/yr at 5.49% (stress-tested). Income for a $900,000 mortgage About $215,000/yr at 5.49% (stress-tested). Income for a $1,000,000 mortgage About $237,000/yr at 5.49% (stress-tested).
Want the payment side? See mortgage payments by amount, or run your exact numbers in the affordability calculator.