Relocating often presents some unique challenges. At ROYAL LEPAGE KELOWNA, we're experts on how to make your new move as stress-free as possible. Complete the form below and we'll do our part to help make your relocation a positive and seamless experience. Please feel free to call us Toll Free at 1-800-421-3214 for specific concerns.

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When buying a home, it is helpful to determine the type of home you'll like and how much you can afford before beginning your search. Most lenders allocate approximately 28% of your GROSS MONTHLY INCOME to housing expense. Housing expense includes principal, interest, taxes and insurance (PITI). To get an idea of how much you can afford to pay each month for a home, multiply your gross monthly income by 28%.

When coupled with current outstanding loans, the total for your debt service should not exceed 36% of your gross monthly income. Some lenders may have slightly more liberal requirements or loan interest rates which may increase your purchasing power.

Take the test Are You Financially Ready?



“Royal LePage Kelowna were professional, kind, and an overall pleasure to work with. I couldn’t imagine...” Read More
At Royal LePage, we have been committed to helping Canadians buy and sell homes since 1913. With over 95 years of real estate experience, we would like to thank our network of national REALTORS® for their commitment and dedication to making us Canada’s oldest and largest real estate company. Read More
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.