Mortgage Calculator


$
$
%
$
CMHC will not insure amortization terms of over 25 years.

Optional: Adjusting a down payment amount will effect its corresponding data results below.

option 1 $
option 2 $
option 3 $
option 1 %
option 2 %
option 3 %
option 1 $
option 2 $
option 3 $
option 1 $
option 2 $
option 3 $
option 1 $
option 2 $
option 3 $
option 1 $
option 2 $
option 3 $
option 1 $
option 2 $
option 3 $
option 1 $
option 2 $
option 3 $
option 1 $
option 2 $
option 3 $

Land Transfer Tax Calculator


$

Results

$

Ontario Land Transfer Tax Explained

  • 0.5% - on the first $55,000
  • 1.0% - on portion between $55,000 - $250,000
  • 1.5% - on balance over $250,000
  • 2.0% - on anything over $400,000
  • Qualifying first time buyers receive up to a $2000 credit

Toronto Land Transfer Tax Explained

  • 0.5% - on the first $55,000
  • 1.0% - on portion between $55,000 - $400,000
  • 2.0% - on anything over $400,000
  • First time buyers are exempt on the first $400,000