Canadian Mortgage Intelligence

Built for Canadian Buyers CMHC insurance, stress test qualification, GDS/TDS ratios, and semi-annual compounding.

The math that matters, calculated instantly.

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Avg. rate: 4.79% Stress test: 6.79% Max amortization: 25 yr

Stress Test Qualification

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6.79%Qualifying rate (contract 4.79% + 2%)

Standard

$3,247

@ 4.79% contract rate

Qualifying

$3,892

@ 6.79% stress test rate

Monthly impact

+$645/mo

Lenders require you to qualify at 6.79% (max of contract + 2% or the regulatory floor of 5.25%).

Passes B-20 Stress Test

Canadian Mortgage Tools

Everything you need to plan, calculate, and compare your mortgage, built for Canadian rules.

Mortgage Calculator

Estimate payments with CMHC insurance, semi-annual compounding, and Canadian rate structures built in.

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Affordability Checker

GDS/TDS ratio analysis with stress test qualifying rate. Know exactly what you can borrow.

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Prepayment Simulator

See how lump-sum payments save interest and reduce your amortization. Test different scenarios.

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Rate Comparison

Compare two mortgage rates side-by-side, monthly, 5-year total, and lifetime interest.

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Designed for Canadian Homebuyers

PilotLend handles the Canadian-specific rules so you don't have to think about them.

CMHC Insurance Built In

Automatic premium calculation for down payments under 20%. See exactly what CMHC adds to your mortgage.

Stress Test Ready

Qualify at the higher of Bank of Canada's minimum rate or your contract rate plus 2%. We handle the math.

Semi-Annual Compounding

Canadian mortgages compound differently. Our calculators use the correct formula, not American simple interest.

Canadian Knowledge Base

Expert insights tailored to the Canadian mortgage market.

CMHC Insurance

What Is CMHC Insurance in Canada?

CMHC mortgage insurance is required when your down payment is less than 20%. Learn how it works and how much it costs.

Interest Rates

Fixed vs Variable Mortgage Rates Explained

Choosing between a fixed and variable mortgage rate is one of the most important decisions Canadian homebuyers face.

Home Affordability

How Much House Can You Afford in Canada?

Understanding your true home affordability in Canada requires looking beyond your income. Here is how lenders assess you.

Frequently Asked Questions

Answers to common questions about Canadian mortgages.

How much CMHC insurance will I pay?

CMHC premiums range from 2.8% to 4.0% of your mortgage amount, depending on your down payment size. A 5% down payment means a 4.0% premium, while 15%+ drops it to 2.8%. Our mortgage calculator shows the exact amount automatically.

What is the mortgage stress test rate?

The stress test requires you to qualify at the higher of the Bank of Canada's minimum qualifying rate (currently 5.25%) or your contracted mortgage rate plus 2%. This ensures you can still afford payments if rates rise.

What's the minimum down payment in Canada?

For homes under $500,000, you need at least 5% down. For homes between $500,000 and $999,999, it's 5% on the first $500,000 plus 10% on the remainder. Homes at $1 million or more require 20% down.

What are GDS and TDS ratios?

GDS (Gross Debt Service) measures your housing costs against income, max 39%. TDS (Total Debt Service) adds all your other debts, max 44%. Our affordability checker calculates both automatically.

Is PilotLend free to use?

Yes. All our calculators and comparison tools are completely free. No account required, no tracking, no hidden fees. We believe Canadian homebuyers deserve straightforward access to mortgage math.

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