How much house can I afford in Quebec?
Start from what your household earns, or from a price you've seen, and this works out the other. It uses your take-home pay rather than your gross, applies Quebec's income tax, property tax and condo-fee averages, and runs on the same engine as the full Headroom calculator.
Type in either side and the other follows
Strong room to save aggressively and live well
Not sure? Around a third of your take-home pay (the Very Comfortable range) suits most households. Lower leaves more breathing room; higher buys more house but less slack.
Spending 35% of $6,853 take-home leaves $2,399/mo for housing.
Current best (August 1st 2026): fixed 4.04% · variable 3.4%. Check live rates ↗ Been quoted something else? Type it in.
At 20% down the mortgage is uninsured, which lenders price higher: 4.19% here, or 4.44% over 30 years. Below 20% down the rate stays as typed and CMHC adds a premium to the loan instead.
Only first time home buyers or buyers of newly constructed homes can use a 30 year amortization if their downpayment will be below 20%.
What the number above actually means
Affordability here is tracked by share of your net take-home pay, not gross. On a gross income of $120,000 in Quebec you keep about $6,853 a month after federal and provincial income tax, CPP/QPP and EI; IF you are a single earner. If your household income is split between two people, you are technically more tax efficient as your marginal tax rates will be lower. Spending 35% of that on housing gives you $2,399 a month, and $2,399 a month buys roughly $320,000 of detached with 10% down.
That monthly figure is everything the home costs, not just the mortgage: principal and interest, property tax at the Quebec average, strata or condo fees, heating, and home insurance. Mortgage default insurance is added to the loan where the down payment is under 20%.
What it leaves out
Your other debts. A car loan or student line of credit doesn't change what you're willing to spend on housing, but it very much changes what a lender will approve. The full calculator runs the OSFI stress test and the GDS/TDS ratios a bank actually uses, which is the number that decides whether an offer goes through.
What each income affords in Quebec
Same assumptions as above: 10% down on a detached, 35% of take-home on housing, a 4.04% mortgage over 25 years.
| Household income | Max price | All-in monthly | Down payment |
|---|---|---|---|
| $60,000 | $155,000 | $1,326 | $15,500 |
| $80,000 | $208,000 | $1,670 | $20,800 |
| $100,000 | $265,000 | $2,038 | $26,500 |
| $120,000 | $320,000 | $2,393 | $32,000 |
| $150,000 | $392,000 | $2,860 | $39,200 |
| $200,000 | $508,000 | $3,616 | $50,800 |
Somewhere else in Canada?
Income tax, property tax and condo fees all move across the country, so the same salary carries a different mortgage in each province.
Common questions
How much house can I afford on $100,000 in Quebec?
About $265,000, if you put 10% down and spend 35% of your take-home pay on housing. Whether that stretches far enough depends entirely on where in Quebec you are looking; in the bigger centres it may not. Unless your income is substantially higher than the median or you have a partner, you will have to raise your affordability ceiling.
Should I use my gross or net income?
Net. Lenders qualify you on gross because that's what their ratios are built on, but you pay your mortgage out of what lands in the account. On $120,000 in Quebec the difference is about $3,147 a month, which is a whole other bill. This page works from take-home for that reason.
What share of my pay should go to housing?
The old rule of thumb is 30% of gross, which is roughly 40% of net for most earners. The slider starts at 35% of take-home, which is a comfortable middle. Below about 25% you'll barely feel it; above 40% most households find that saving, travel and the unexpected all get squeezed.
What else do I need on top of the down payment?
Closing costs: land transfer tax where Quebec charges it, legal fees, a title search, an inspection and adjustments. Budget roughly 1.5% to 4% of the purchase price on top of your down payment. The full calculator itemizes them for your province. If you are in a province that has a property transfer tax rebate like British Columbia, closing costs end up being much cheaper, so expect to pay closer to the 1.5% estimate.
Want the whole picture?
The full calculator takes what you entered above and adds closing costs, land transfer tax, what a lender would actually approve, and a month-by-month budget. Nothing is re-typed.
Open in the full calculator →