Required Income is displayed as the largest text in the tool. This is the annual gross income required for the mortgage amount, property expense and the qualification settings configured.

MQR - Mortgage Qualifying Rate. The MQR is the rate used to qualify you. It is calculated as the greater of either the Bank of Canada Qualifying Rate (5.25% as of March 2023) OR the contract rate (the rate the lender offers) plus 2%.

DTI - Debt to Income Ratio is an indicator to show how much debt there is in relation to income. It's calculated by summing up all the debt balanced and dividing it by the gross annual income. The higher the ratio, the more debt than income there is.