Real Estate & Mortgage
Canada B-20 Mortgage Stress Test
Determine the qualifying rate and payment a Canadian mortgage applicant is tested against under OSFI B-20.
Your inputs
Change any value to update the result instantly.
Qualifying rate
7.5%
Payment tested at qualifying rate
3,325.4603
Actual payment at contract rate
2,763.3937
Payment stress buffer
562.0666
Formula and working
Qualifying rate = max(Contract rate + 2%, Benchmark floor rate); Payment tested at qualifying rate
- 1
Collect the inputs
Mortgage amount = 450,000; Contracted mortgage rate = 5.5 %; Amortization period (years) = 25 years; Benchmark qualifying floor rate = 5.25 %
- 2
Apply the formula
Qualifying rate = max(Contract rate + 2%, Benchmark floor rate); Payment tested at qualifying rate
- 3
Result
Qualifying rate = 7.5 %
Frequently asked questions
Important limitation
This is an educational estimate based only on the values and formula shown. Verify current rates, rules, units, and professional standards before relying on the result. It is not personalized financial or investment advice.
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