Buyer tools
Know your numbers before you sign
Estimate your monthly mortgage payment, then see the land transfer tax and closing costs that come with a pre-construction purchase in Ontario.
Mortgage calculator
Estimate your monthly payment on this purchase price. Figures are estimates only — we'll connect you with a mortgage specialist for a real approval.
$650,000
20% · $130,000
4.49%
Amortization
Estimated payment
$2,875 /mo
or $1,327 bi-weekly
- Mortgage amount
- $520,000
- First payment — interest
- $1,928
- First payment — principal
- $947
- Total interest over term
- $342,551
Land transfer tax & closing costs
Ontario land transfer tax, Toronto's municipal tax and the usual pre-construction closing extras. Estimates only — your lawyer confirms the final statement of adjustments.
Estimated cash at closing
$24,572
- Ontario land transfer tax
- $9,475
- First-time buyer rebate
- − $4,000
- Legal fees & disbursements
- $2,200
- Development charge cap (est.)
- $13,000
- Tarion enrolment
- $1,700
- HST on fees
- $2,197
Go deeper
Want rental income and ROI projections?
Our VIP members get the investment calculator — rent, vacancy, cap rate, cash-on-cash return and a five-year equity projection — plus platinum pricing and floor plans.