Buying
Mortgage stress test
What the stress test takes off your capacity, and the rate you are actually qualified at.
Rates posted by Multi-Prêts Hypothèques — collected on September 9, 2026. Some conditions apply. Subject to change without prior notice. Rates may vary according to the amount borrowed, your credit rating, guarantees offered and other factor. Please refer to your Multi-Prêts broker for more information.
Fill in the fields to see the result.
Pick a rate from today's grid, or enter the one your lender offered you.
These results are provided for illustration only. They apply the Canadian mortgage rules and the Quebec schedule in force, but they are not an offer of financing nor investment advice: the actual rate, amortization and terms depend on your file and on the lender chosen, and are subject to change. For a firm answer, talk to a broker.
Does that number work for you? A broker will confirm it with a real lender. In most files our compensation comes from the lender — if it were ever otherwise, your broker tells you before anything moves.
Schedule 2026 — Bureau du surintendant des institutions financières (checked on 2026-08-25) · Société canadienne d’hypothèques et de logement (checked on 2026-08-25) · Société canadienne d’hypothèques et de logement (checked on 2026-08-25) · Ministère des Finances du Canada (checked on 2026-08-25).
What the number does not tell you
The stress test does not change what you pay: it checks whether you could hold on if rates rose two points at renewal. OSFI requires qualifying at the higher of the contract rate plus two points or a 5.25% floor, in place as of June 2021. In practice your file is assessed on a payment you will not make — and that hypothetical payment sets your maximum price.
One exception is worth knowing: since November 2024, transferring an insured mortgage to another lender at maturity on unchanged terms no longer requires re-passing the test. A borrower who would fail the test today can still shop their renewal. Many do not know this and accept their bank's offer believing they have no choice.