Rental Income Mortgage Calculator (2025 Updates) – Maximize Your Buying Power

🏡 Use Rental Income to Qualify for a Bigger Mortgage

Want to use rental income to qualify for a larger mortgage? Our Rental Income Mortgage Calculator (2025 Update) helps Canadian real estate investors and homeowners estimate how rental income affects their mortgage qualification.

✅ See how much mortgage you can afford with rental income
✅ Calculate debt service ratios (GDS & TDS) for mortgage approval
✅ Factor in rental property expenses & CMHC rules

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Mortgage Payment Calculator Canada-the Genesis Group

🏆 Rental Income Mortgage Calculator – The Genesis Group

Easily determine how rental income impacts your mortgage approval and affordability.

🔢 What You Can Do with This Calculator

✔ Estimate how much mortgage you qualify for using rental income
✔ Factor in property expenses (maintenance, taxes, insurance, vacancies)
✔ See the impact on your Total Debt Service (TDS) & Gross Debt Service (GDS) ratios
✔ Compare different mortgage scenarios based on varying rental income levels

📌 2025 Update: CMHC and major lenders allow up to 50%-100% of rental income to be added to your qualifying income, depending on the property type and lender.

Mortgage Size

Default insured mortgage cap is $1.5M. First-time buyers & new builds can have up to 30-year amortizations (from Dec 15, 2024).

$
Current Value: $500,000

Down Payment & Property Type

$
0% 20% 100%
Current Value: $100,000

Payment Frequency

Interest Rate

%
Current Rate: 4.24%
Term length for your chosen rate.

Amortization

5 25 30
From Dec 15, 2024, first-time buyers & new builds can choose up to 30 years.

Home Expenses

Yearly
Monthly
$
$
$

Rental Income

Check if you rent out part of your home.

Yearly
Monthly
Accelerated Payments & Pre-payments
Increase the number of payments/year and choose the % extra you want each time.

Make a lump sum on your mortgage right away.

Extra principal applied once per year.

Advanced Settings

$0

Includes 0% extra payment
  • Monthly Mortgage
    $0.00
  • Home Expenses
    $0.00
  • Other Expenses
    $0.00
  • Rental Income
    $0.00

Mortgage Size: $0

Down Payment: $0

Mortgage Insurance: $0.00

Details

Mortgage Payment: $0.00
Net Mortgage (with Insurance): $0.00
Interest paid over Term: $0.00 (INTEREST SAVING $0)
Balance end of Term: $0.00
Effective Amortization: 0 years (0 years faster)

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Comparison: Your Scenario vs. Minimum 5% Down

Your Scenario (Below 5% Down)
Payment ignoring insurance: $0.00

Minimum 5% Down Scenario
Payment with insurance (5% down): $0.00

Compare Two Scenarios

Quickly see how different down payments or rates affect your monthly payment.

Scenario B Result

Monthly Payment: $0.00

Interest Paid Over Term: $0.00

Mortgage Insurance: $0.00

🚀 Why Use This Rental Income Mortgage Calculator?

  • 🏆 Trusted by Real Estate Investors & Homeowners in Canada

    ✅ Fast & Accurate – Instantly calculates your mortgage qualification
    ✅ Up-to-Date with 2025 CMHC & Lender Rules
    ✅ Personalized Insights – Adjust rental income, expenses & loan details
    ✅ Expert Guidance – Speak to a mortgage broker for investment financing strategies

    🗣️ “This tool showed me exactly how rental income could help me qualify for a bigger mortgage. A game changer!” – Verified Investor

    ⭐⭐⭐⭐⭐ Rated 5 Stars by Canadian Real Estate Investors

    📌 Award-Winning Mortgage Brokerage | Backed by Certified Financial Experts

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Mortgage Payment Calculator Canada-The Genesis Group

📖 How to Use the Rental Income Mortgage Calculator

🔹 Step 1: Enter Your Property & Mortgage Details

  • Purchase price, down payment, mortgage term & interest rate

🔹 Step 2: Add Your Rental Income & Expenses

  • Enter monthly rental income & expected property expenses

🔹 Step 3: Get Instant Results

  • See how much mortgage you qualify for & how rental income affects your TDS/GDS

🔵 Compare Mortgage Rates for Rental Properties

🏡 How Rental Income Affects Mortgage Qualification in Canada

📌 Lender & CMHC Guidelines for 2025

✅ Owner-Occupied Rental Properties – Up to 100% of rental income may be considered
✅ Non-Owner-Occupied Properties – 50%-80% of rental income typically applies
✅ Debt Service Ratios Matter – GDS must stay below 39%, TDS below 44% for approval
✅ Vacancy Rates Considered – Some lenders deduct 10% or more for potential vacancies

🔵 Read Our Full Guide: Using Rental Income to Qualify for a Mortgage

Mortgage Affordability Calculator Canada-the Genesis Group

💡 Frequently Asked Questions About Rental Income & Mortgages

How much rental income can be used to qualify for a mortgage?

Most lenders allow 50%-100% of rental income to be added to your qualifying income, depending on the type of property and lender policies.

Yes! If your property has a legal secondary suite, most lenders count up to 100% of rental income toward mortgage qualification.

Rental income lowers your TDS (Total Debt Service) ratio, making it easier to qualify for a mortgage. Lenders usually require a TDS under 44%.

Some lenders allow projected rental income based on a rental appraisal, especially for investment properties.

Lenders typically require bank statements, tax returns, or lease agreements as proof of rental income.

Some lenders accept Airbnb income if documented consistently in tax returns, but most prefer long-term leases.

📞 Speak to a Mortgage Expert

🚀 Need help using rental income to qualify for a mortgage? Our licensed mortgage brokers specialize in investment property financing and can help you secure the best rates.

📌 Book a FREE consultation today & get expert mortgage advice!

Speak to an Expert

🔗 Trusted Resources

✅ Government of Canada – CMHC Mortgage Rules
✅ Canada Revenue Agency – Home Buying Tax Benefits
✅ Genesis Group’s Comprehensive Guides for Homebuyers and Investors in Canada

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5 Year - Variable

4.45%

This exclusive rate is available for High Ratio Mortgages and applies to both new purchases and some mortgage switches. With a guaranteed rate of Prime -1.00%, you’ll enjoy the freedom to make extra payments or increase your monthly payments by up to 20% per year.

And the best part? This is a full-frills mortgage—no hidden surprises or restrictive clauses like a bona fide sales clause!

Prime Rate @ 5.45%

4.45% - 5.50%

If you don’t qualify for our lowest advertised rate, don’t worry! We have other competitive options tailored to your needs. Factors such as your credit score and home equity will determine your final rate.

Note: Additional premiums may apply for rental properties, extended amortizations, non-standard properties, or alternative lending solutions.

Secure Your Best Rate Today!

5 Year - Open

4.95%

Enjoy a rate discount starting from Prime -0.50% for your term. This 5-year Adjustable Rate Mortgage (ARM) offers unmatched flexibility: pay it, lock it, break it, or change it—with no restrictions or penalties.

Perfect for insured, insurable, and uninsured new purchases and switches, this option is available for owner-occupied properties only.

Prime Rate @ 5.45%

4.95% - 6.75%

If you don’t qualify for our lowest advertised rate, don’t worry—there are still excellent low-rate options for you! Your final rate depends on factors such as your credit rating and home equity.

Note: Additional premiums may apply for rental properties, extended amortizations, non-standard properties, or alternative lending solutions.

Secure Your Best Rate Today!

5 Year - Fixed

4.24%

Lock in this competitive rate for High Ratio purchases! Enjoy the flexibility of making up to 20% lump sum payments annually, plus the option to increase your regular payments by up to 20%—perfect for managing your mortgage your way. Secure this rate for up to 120 days, giving you the confidence to plan ahead.

4.24% - 5.69%

Even if you don’t qualify for our lowest advertised rate, we’re here to help with a variety of competitive options designed to meet your needs. The rates above reflect realistic possibilities based on factors such as your credit score, home equity, and financial profile.

Note: Additional premiums may apply for rental properties, extended amortizations, non-standard properties, or alternative lending solutions.

Secure Your Best Rate Today!

4 Year - Fixed

4.59%

Take advantage of this competitive rate available for High Ratio purchases and select Insured transfers! Enjoy the flexibility of making up to 20% lump sum payments annually and increasing your regular payments by up to 20%. This is a full-featured mortgage designed to give you the freedom and flexibility you need. 

4.59% - 6.84%

If you don’t qualify for our lowest advertised rate, don’t worry—we’ve got a variety of low-rate options to fit your needs. The rates shown above reflect realistic scenarios and are influenced by factors like credit score, home equity, and financial profile.

Note: Additional premiums may apply for rental properties, extended amortizations, non-standard properties, or alternative lending solutions.

Secure Your Best Rate Today!

3 Year - Fixed

4.39%

Take advantage of this fantastic rate available exclusively for High Ratio deals! With the flexibility to make up to 15% lump sum payments annually and the option to increase your regular payments by up to 15%, this is a full-featured mortgage that adapts to your needs. Lock in this rate for up to 120 days and plan your homeownership journey with confidence.

4.39% - 5.79%

Don’t worry if you don’t qualify for our lowest advertised rate—we’ve got you covered with a range of low-rate options tailored to fit your unique circumstances. The rates above reflect realistic scenarios based on factors such as credit score, home equity, and financial profile.

Note: Additional premiums may apply for rental properties, extended amortizations, non-standard properties, or alternative lending solutions.

Secure Your Best Rate Today!

2 Year - Fixed

4.84%

Lock in this competitive rate for High Ratio purchases! Enjoy the flexibility of making up to 20% lump sum payments annually, plus the option to increase your regular payments by up to 20%—perfect for managing your mortgage your way. Secure this rate for up to 120 days, giving you the confidence to plan ahead.

4.84% - 6.19%

Even if you don’t qualify for our lowest advertised rate, we’re here to help with a variety of competitive options designed to meet your needs. The rates above reflect realistic possibilities based on factors such as your credit score, home equity, and financial profile.

Note: Additional premiums may apply for rental properties, extended amortizations, non-standard properties, or alternative lending solutions.

Secure Your Best Rate Today!

1 Year - Fixed

5.49%

Unlock this exclusive low rate for High Ratio purchases and Switches. Enjoy up to 20% lump sum payments annually and the flexibility to increase your payments by 20%! Plus, lock in this fully-loaded mortgage rate for up to 120 days—no hidden restrictions, just exceptional value.

5.49% - 6.99%

Even if you don’t qualify for our lowest rate, we’ve got plenty of low-rate options tailored to fit your unique situation. Your final rate depends on factors like your home equity and credit score, but with Genesis, you’ll always get the best-possible rate for your needs.

Note: Additional premiums may apply for rental properties, extended amortizations, non-standard properties, or alternative lending solutions.

Secure Your Best Rate Today!

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