{
  "id": "v20-ca-mortgage-eligibility",
  "version": "20.16.0",
  "name": "Mortgage Capacity Planning Calculator — Canada",
  "shortName": "Mortgage Capacity Planning",
  "description": "Separate a regulatory ceiling from lender affordability. Irish principal-residence LTI/LTV rules are sourced; Canadian affordability here uses explicitly entered lender limits rather than claiming a national income multiple. CAD planning view; stated limitations apply.",
  "category": "Finance",
  "categorySlug": "finance",
  "keywords": [
    "mortgage-eligibility",
    "ca",
    "tax-authority"
  ],
  "status": "live",
  "workStatus": "pending",
  "reviewStatus": "pending",
  "migrationStatus": "new",
  "engine": "native",
  "creator": null,
  "reviewer": null,
  "quality": {
    "availability": "live",
    "technicalReviewRecord": "/reviews/v20-ca-mortgage-eligibility.json",
    "qualifiedReview": "pending",
    "qualifiedReviewer": null,
    "qualifiedReviewDate": null,
    "formulaVersion": "20.16.0",
    "referenceCoverage": "references-listed",
    "releaseTestScope": "Catalog and regression checks are not a professional formula audit; consult release evidence.",
    "historicalMetadataDate": "",
    "historicalMetadataNotice": "The imported date is not evidence of a completed human review."
  },
  "notice": "Illustrative defaults are not local quotes or verified legal rules. Dated reference components and user-entered assumptions are explicitly distinguished. Professional review is pending.",
  "urls": {
    "page": "/ca/mortgage-eligibility/",
    "definition": "/ca/mortgage-eligibility/definition.json",
    "schema": "/ca/mortgage-eligibility/schema.json",
    "llms": "/ca/mortgage-eligibility/llms.txt",
    "legacyDefinition": "/ca/mortgage-eligibility/definition.json"
  },
  "queryExample": "https://askcalculators.com/ca/mortgage-eligibility/?income=80000&price=350000&deposit=70000&buyer=first&incomeMultiple=3.5&maxLtv=80&lenderCap=0",
  "queryParameters": {
    "income": {
      "label": "Annual gross household income",
      "type": "money",
      "required": true,
      "default": 80000
    },
    "price": {
      "label": "Property price",
      "type": "money",
      "required": true,
      "default": 350000
    },
    "deposit": {
      "label": "Cash deposit",
      "type": "money",
      "required": true,
      "default": 70000
    },
    "buyer": {
      "label": "Irish borrower category",
      "type": "select",
      "required": true,
      "default": "first"
    },
    "incomeMultiple": {
      "label": "Other verified lender income multiple",
      "type": "number",
      "required": true,
      "default": 3.5
    },
    "maxLtv": {
      "label": "Other verified lender maximum LTV",
      "type": "percent",
      "required": true,
      "default": 80
    },
    "lenderCap": {
      "label": "Separately underwritten affordability cap (zero means not assessed)",
      "type": "money",
      "required": true,
      "default": 0
    }
  },
  "inputs": [
    {
      "id": "income",
      "label": "Annual gross household income",
      "type": "money",
      "defaultValue": 80000,
      "required": true,
      "min": 0,
      "max": 1000000000000,
      "step": 0.01,
      "prefix": "CAD",
      "help": "Illustrative starting value; replace with your own evidence."
    },
    {
      "id": "price",
      "label": "Property price",
      "type": "money",
      "defaultValue": 350000,
      "required": true,
      "min": 0,
      "max": 1000000000000,
      "step": 0.01,
      "prefix": "CAD",
      "help": "Illustrative starting value; replace with your own evidence."
    },
    {
      "id": "deposit",
      "label": "Cash deposit",
      "type": "money",
      "defaultValue": 70000,
      "required": true,
      "min": 0,
      "max": 1000000000000,
      "step": 0.01,
      "prefix": "CAD",
      "help": "Illustrative starting value; replace with your own evidence."
    },
    {
      "id": "buyer",
      "label": "Irish borrower category",
      "type": "select",
      "required": true,
      "defaultValue": "first",
      "options": [
        {
          "value": "first",
          "label": "First-time buyer"
        },
        {
          "value": "repeat",
          "label": "Second/subsequent buyer"
        },
        {
          "value": "investment",
          "label": "Buy-to-let"
        }
      ]
    },
    {
      "id": "incomeMultiple",
      "label": "Other verified lender income multiple",
      "type": "number",
      "defaultValue": 3.5,
      "required": true,
      "min": 0,
      "max": 10,
      "step": 0.01,
      "help": "Illustrative starting value; replace with your own evidence."
    },
    {
      "id": "maxLtv",
      "label": "Other verified lender maximum LTV",
      "type": "percent",
      "defaultValue": 80,
      "required": true,
      "min": 0,
      "max": 100,
      "step": 0.1,
      "help": "Illustrative starting value; replace with your own evidence."
    },
    {
      "id": "lenderCap",
      "label": "Separately underwritten affordability cap (zero means not assessed)",
      "type": "money",
      "defaultValue": 0,
      "required": true,
      "min": 0,
      "max": 1000000000000,
      "step": 0.01,
      "prefix": "CAD",
      "help": "Illustrative starting value; replace with your own evidence."
    }
  ],
  "outputs": [
    {
      "id": "requested",
      "label": "Requested loan",
      "format": "currency",
      "digits": 2,
      "currency": "CAD"
    },
    {
      "id": "ruleCap",
      "label": "Modeled rule-based loan cap",
      "format": "currency",
      "digits": 2,
      "primary": true,
      "currency": "CAD"
    },
    {
      "id": "gap",
      "label": "Deposit shortfall against modeled cap",
      "format": "currency",
      "digits": 2,
      "currency": "CAD"
    }
  ],
  "formula": {
    "expression": "Cap = min(income × multiple, property value × LTV, positive entered lender cap).",
    "note": "Inputs are converted to canonical units before evaluating this stated formula."
  },
  "examples": [
    {
      "label": "Illustrative defaults; required verification checks remain unconfirmed",
      "inputs": {
        "unitSystem": "metric",
        "income": 80000,
        "price": 350000,
        "deposit": 70000,
        "buyer": "first",
        "incomeMultiple": 3.5,
        "maxLtv": 80,
        "lenderCap": 0
      }
    }
  ],
  "sources": [
    {
      "label": "CA income authority",
      "url": "https://www.canada.ca/en/revenue-agency/services/tax/individuals/tax-rates-brackets/current-year.html"
    }
  ],
  "publicSlug": "mortgage-eligibility",
  "namespace": "ca",
  "countries": [
    "ca",
    "ie"
  ]
}