Mortgage calculator

Calculate mortgage payments

Price of property $

Down payment

$ %

$

%

Mortgage amount $

Interest rate %

Amortization years

Payment frequency

Payment amount $

Estimated property transfer tax

Fair Market Value $

1% of $200,000 $

2% of remaining value up to and including $2,000,000 $

3% of remaining portion over $2,000,000 $

Total Tax Payable $

Calculate borrowing capacity

Payment amount $

Payment frequency

Interest rate %

Amortization years

Mortgage amount $

The amounts shown above are for information purposes only and do not include taxes, if applicable.
You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
There are additional costs to buying a home. Speak with your REALTOR® for more information.

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