Ontario home-buying calculator

See the numbers behind your next move.

Estimate your mortgage payment, land transfer tax and the cash you may need to complete your purchase.

Purchase details

Purchase price

City or municipality

First-time homebuyerApplies estimated Ontario and, in Toronto, municipal rebates when eligible.Newly built homeMay affect eligibility for a 30-year insured mortgage.

Mortgage details

Your down payment

Your total down payment toward the purchase price.Down payment percentage Interest rate

Amortization Payment frequency

Estimated mortgage payment$0per month

Base mortgage: $0
Mortgage insurance added to loan: $0
Total mortgage: $0

Monthly household budget (optional)

Monthly property tax

Monthly condo fee

Monthly home insurance

Monthly utilities

Heat, electricity and water.

Estimated total monthly housing costs: $0

Includes mortgage payments (monthly equivalent) and the expenses entered above. Leave expenses that do not apply at $0. Excludes maintenance and other expenses not entered.

Important information

This calculator provides estimates for an Ontario residential purchase. It assumes the buyer qualifies for any selected first-time-buyer rebates. Toronto purchases include both provincial and municipal land transfer tax. Mortgage insurance is estimated using standard CMHC premium rates, including the current surcharge for an insured amortization longer than 25 years.

It does not determine mortgage qualification and does not include every possible adjustment, tax, rebate or lender requirement. Confirm exact figures and eligibility with your lawyer, lender or mortgage broker before making a decision.