How much Home Can You ACTUALLY Afford By Salary | Buying A Home In Canada | Home Buying Planner

Are you dreaming of owning a home in Canada but unsure how much you can afford with your salary? This video breaks down the key factors to help you determine your home affordability in Canada. Whether you're a first-time homebuyer or planning to upgrade, this guide will walk you through: ✅ Understanding Your Debt-to-Income Ratio (DTI) ✅ Calculating Your Mortgage Affordability Based on Income ✅ The Role of Down Payments in Home Affordability ✅ How Interest Rates Impact Your Monthly Payments ✅ Tips for Improving Your Buying Power Home Buying Planner - Download Now Link - https://canadianfinancialliteracy.com... I'll also cover essential tools like the *Mortgage Affordability Calculator* and explain how factors like your credit score, expenses, and lifestyle choices play a role in determining the right budget for your new home. Topics Covered: Income requirements for buying a home in Canada Housing affordability tips for Canadians How to qualify for a mortgage in 2025 Budgeting for first-time homebuyers 📊 Useful Resources: ✔️ Mortgage Affordability Calculator ✔️ Mortgage Pre-Approval Calculator ✔️ Home Buying Planner #HomeAffordabilityCanada #HowMuchHouse #CanadianHomeBuying #FirstTimeHomeBuyer #MortgageCalculatorCanada #DebtToIncomeRatio #HouseHuntingTips #RealEstateCanada #BudgetingForHomeBuying 📢 *Don’t forget to like, comment, and share this video with friends who are looking to buy a home in Canada.* Let’s make smart financial decisions together! Instagram -   / canadianfinancialliteracy   #CanadianHousingMarket #HomeBuyingTips #AffordabilityInCanada #FinancialFreedom #FirstHomeJourney #PersonalFinanceCanada #MortgageAffordability