Mortgage Calculator
See your true costs (mortgage, taxes, and fees) for any province. Stress-test offers and unlock expert advice with Offer Advisor - coming soon.
Inputs
Monthly assumptions
Closing costs
Results
Monthly mortgage
$4,170
Total monthly cost
$4,740
Upfront cash required
$78,650
Mortgage details
- Principal (before CMHC): $675,000
- CMHC premium: $20,925
- Total mortgage: $695,925
- Payment (monthly): $4,170
- Approx. LTV: 90.0%
Upfront breakdown
- Down payment: $75,000
- Property Transfer Tax: $0
- Closing costs (est.): $3,650
- Total upfront cash: $78,650
FTHB exemption applied where eligible. Thresholds vary by province.
Monthly breakdown
- Mortgage: $4,170
- Property tax: $250
- Strata/condo: $0
- Insurance: $120
- Utilities buffer: $200
- Total monthly: $4,740
Advanced Analysis
Rate Stress Test
Current payment:$4,170/mo
If rate → 7.25%:$5,030/mo(+$860)
Assumptions & Notes
- CMHC premium tiers: 4.0% (to 95% LTV), 3.1% (to 90%), 2.8% (to 85%), 0% at/under 80%.
- Minimum down: 5% to $500k; 10% on $500k–$1M; 20% at/over $1M (no CMHC allowed).
- Land Transfer Tax varies by province. BC, ON, MB, and PE have specific rates and FTHB programs. AB, SK, NS, NB, NL, and QC have minimal or no LTT.
- Closing costs are estimated and vary by province (legal fees, notary in QC, title insurance, inspection, appraisal).
- Taxes/fees inputs are monthly estimates; adjust to local context.
- All figures approximate; verify with lender/professional before offers.