Canadian Mortgage Renewal Stress Calculator

    Model the payment shock facing Canadian households at mortgage renewal. Adjust rate, balance, and income assumptions to assess debt-to-income stress and OSFI qualification thresholds.

    Renewal Inputs

    Original Mortgage Rate
    2.5%
    Expected Renewal Rate
    5.5%
    Remaining Balance
    $500,000
    Gross Household Income
    $110,000
    Remaining Amortization
    25yr

    Renewal Stress Output

    0Elevated

    Current Payment

    $2,243

    per month

    Renewed Payment

    $3,070

    +37% increase

    DTI Ratio (New)

    33.5%

    TDS threshold: 44%

    Monthly Shock

    +$827

    additional per month

    Source: Bank of Canada, OSFI B-20
    Model: Payment Shock Analysis
    Property and Energy Stability Series

    Educational only. Not financial advice.