Calculate mortgage payments
|Monthly payment chart|
Estimated property transfer tax
|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
- 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.