March 11 Update: Enter to win 2 Business Class Tickets + more from Edmonton’s Best Hotels, last day to enter our contest & more confirmed Cobalt Multipliers + MORE Mar 12th

Mortgage Affordability Calculator

Mortgage affordability is an essential part of setting up your home-buying budget, and it’s based on a variety of factors. If you’re looking to buy a home, one of the first things you’ll want to know is your mortgage affordability. And for that, you should start by consulting an online calculator.

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What is mortgage affordability?

Mortgage affordability refers to the maximum mortgage you can afford to borrow, based on your gross income, debt payments and living costs. In short, the higher your mortgage affordability, the more money you can borrow to cover the cost of buying a home. 

Many factors are used to determine mortgage affordability. These include your gross household income, the monthly expenses associated with the property you want to buy (including the mortgage payments, property taxes, heating costs and condo fees), as well as your debt obligations, such as credit card payments and car loans…

Here’s your Rewards Canada Daily update! Your near daily dose of loyalty program, credit card and travel news, bonuses, deals and more.  Not only are Edmontons Best Hotels offering the great gift card and rewards offer we brought to you back in February (read all about that offer here) but now they have an awesome contest that you can enter. Click here to enter the contest! Here is what you could win: Courtesy of Edmonton International Airport: 2 round-trip business class tickets from Edmonton International Airport to anywhere KLM Royal Dutch Airlines flies $5,000 CASH from Edmonton’s Best Hotels A ONE NIGHT STAY at one of Edmonton’s Best Hotels for the night before your departure Parking in the Easy Parkade Edmonton International Airport for one vehicle for the duration of your KLM trip (maximum $500 value for 4 weeks) One brand new set of luggage AND a $100 Mytravelshop.ca gift card courtesy of Travel Gurus Contest closes May 31, 2022 at 11:45 PM Mountain. While on the topic of contests today is the last day to enter the Rewards Canada contest where you can win one of two prizes of 5,000 Aeroplan points! Click here to enter the contest! —  Another small update to our American Express Cobalt™ Card Confirmed Multiplier Locations feature…