Calculators

Mortgage Calculator

Asking Price: $ Taxes: $ / year
Interest Rate: % Condo Fees: $ / year
Amortization:
Percent Down:         
Down Payment: $ $ $
First Mortgage: $ $ $
CMHC / GE Premium: $ $ $
Total Financing: $ $ $
Monthly Mortgage Payment: $ $ $
Taxes / Fees: $ $ $
Total Payment: $ $ $
Income Required: $ $ $

Land Transfer Tax Calculator

The form below will calculate the amount of land transfer tax you will have to pay.  This tax is applied on the sale price only.

 
Purchase Price: $
- I am a first time home buyer
- I am purchasing a property located in Toronto
Total Land Transfer Tax:

 

$

Explanation of the Ontario Land Transfer Tax

Ontario Land Transfer Tax

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 a $2000 credit

Toronto Land Transfer Tax

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

CMHC Calculator

Canada's national housing agency, the Canada Mortgage and Housing Corporation (CMHC), was established as a government-owned corporation in 1946 to address Canada's post-war housing shortage.  The agency has since grown into a major national institution and is Canada's premier provider of mortgage loan insurance, mortgage-backed securities, housing policy and programs, and housing research. More about CMHC can be found at http://www.cmhc.ca


Note: PST is due the date of closing and is not rolled into a mortgage.
Purchase Price: $
Downpayment: $
Total CMHC: $
Total PST: $