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MORTGAGE AND LAND TANSFER TAX

Mortgage Payment Calculator Ontario

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Down payment Percentage*
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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
$1 million or more
  • 20% of the purchase price
Down payment
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$
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Mortgage insurance
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Total Mortgage Required
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Amortization period
Mortgage term
Mortgage rate
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Total Mortgage Payment
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Land Transfer Tax -

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

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