Canada Real Estate Calculator
Estimate monthly payments, CMHC insurance, land transfer tax, and cash needed for a Canadian home purchase.
Mortgage Specifications
Estimated Payment
$2,789
Includes amortization and CMHC insurance if financed.
Required Cash
$68,000
Downpayment + Fees
CMHC Insurance
$15,000
Premium Amount
Land Transfer Tax
$14,000
Net After Rebate
Monthly Ownership Budget
- Mortgage Equivalent$2,789
- Property Tax (Est.)$275
- Home Insurance (Est.)$100
- Total Monthly Budget$3,164
Key Mortgage Details
- Down Payment %10.00%
- Legal Minimum Down$25,000
- First-Time Buyer Rebate$8,475
- Total Closing Cash Needed$69,000