Icon: Rent or Buy a Home Calculator Rent or Buy a Home Calculator

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  3. Tips
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Use this calculator to assess whether you can afford to buy a home based on what you spend on rent each month. Be sure to also read the "Tips" section as there are many things to consider before choosing to buy a home.

Current Financial Details

Definitions for Current Financial Details section

Note: Total housing costs should not exceed 30% of your gross income.

Additional Information

Check out some other useful Government of Canada interactive tools:

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