416-409-4694 sold@sydneylu.com

MORTGAGE AND LAND TANSFER TAX

Mortgage Payment Calculator Ontario

$
Down payment Percentage*
%
%
%
%
Purchase price Minimum down payment
$500,000 or less
  • 5% of the purchase price
$500,000 to $999,999
  • 5% of the first $500,000 of the purchase price
  • 10% for the portion of the purchase price above $500,000
$1 million or more
  • 20% of the purchase price
Down payment
$
$
$
$
Mortgage insurance
$
$
$
$
Total Mortgage Required
$
$
$
$
Amortization period
Mortgage term
Mortgage rate
%
%
%
%
Total Mortgage Payment
$
$
$
$

Land Transfer Tax -

Selecty City
Provincial
$
Municipal
$
Rebate
$
Land Transfer Tax
$
Required Cash Expenditures
Down payment
$
$
$
$
PST on mortgage insurance
$
$
$
$
Land Transfer Tax
$
Lawyer fees
$
Title insurance
$
Total Cash Required
$
$
$
$
Amortization Schedule

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