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OSFI B-20 Compliant

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Qualifying Rate (Stress Test)

7.49%

Required by OSFI B-20. Your contract rate (5.49%) + 2% vs minimum 5.25%.

$650,000
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20.0%$130,000
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Common Questions

The B-20 stress test is a federal requirement for all federally regulated lenders. It requires borrowers to prove they can still afford their mortgage if rates were to rise to the higher of their contract rate + 2%, or 5.25%.

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Ontario Market

Rates are updated daily and subject to credit approval. Omonop is a technology provider and does not issue loans.

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