Mortgage affordability in Guelph
Monthly mortgage examples for Guelph, Ontario, using a 5.37% province-average rate assumption.
$400,000 home
$1,940/mo
Assumes 20% down and 25-year amortization.
$600,000 home
$2,910/mo
Assumes 20% down and 25-year amortization.
$800,000 home
$3,881/mo
Assumes 20% down and 25-year amortization.
Local affordability context
The local 1-bedroom rent baseline is $1,900 and monthly essentials are about $2,777 before mortgage-specific costs such as property tax, insurance, condo fees, and utilities.
Next steps
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