Down Payment, Closing Cost & Monthly Payment Calculator

Know the real cost before you make an offer. Change any white field and the grey fields update on their own.

Estimates only, based on rules as of . This does not replace advice from your lawyer or mortgage professional. Mortgage payments assume a fixed rate with semi-annual compounding.

1. Starting questions

Property in Toronto? First-time buyer?Rebates need a buyer 18+, a Canadian citizen or permanent resident, who has never owned a home anywhere. Condo apartment?

2. Purchase, down payment & mortgage

Purchase price Minimum down payment Additional down payment Total down payment Down payment % Mortgage insurance (CMHC-type premium) Tax on mortgage insurance Total mortgage

3. Closing costs

Houses, townhomes and POTLs answer "No" to the condo question. This affects land transfer tax above $2,000,000.

Land transfer tax (after any first-time rebate) Lawyer Adjustments Movers Home inspection Home or condo insurance

4. Monthly costs

Amortization (years) Interest rate (%) Monthly mortgage

Condo or POTL fees Property tax Utilities Home insurance

5. Summary

Total mortgage Total closing costs Total upfront cash Total monthly payments

Down Payment, Closing Cost & Monthly Payment Calculator

Get these results by email