Ontario home-buying budget
Cash needed to close calculator
Combine your down payment with Ontario and Toronto land transfer tax, mortgage-insurance tax and adjustable professional-cost estimates.
01
Purchase details
Use the expected purchase price, location and down payment.
Eligible first-time home buyerApply estimated Ontario and Toronto rebates.
02
Other cash estimates
Replace these planning amounts with quotes from your professionals.
Estimated cash needed to close
$135,734
Down payment plus entered and calculated cash costs
Down payment$100,000
Net land transfer tax$28,950
Mortgage-insurance premium tax$1,984
Other entered costs$4,800
Gross LTT before rebates$28,950
Estimated rebates− $0
Closing costs often vary materially. This excludes moving expenses, home insurance, utility deposits, lender-specific charges, non-resident speculation tax and unusual legal or title matters.
Read the result carefully
Keep a buffer beyond the calculator result.
- Lawyer, title insurance, appraisal, inspection and adjustment amounts vary by property and transaction.
- Mortgage-default-insurance premium tax is a cash cost in Ontario when an insured mortgage is required.
- Moving, immediate repairs, deposits, non-resident taxes and lender-specific charges may require additional funds.