Closing Costs Calculator
Estimate all costs associated with purchasing a home in Canada, broken down by category.
Property Details
Location
Toronto: Both Ontario Provincial LTT and Toronto Municipal LTT apply. First-time buyers may receive rebates on both.
20.0% of purchase price
Estimated Closing Costs
$0
in addition to your down payment
Provincial Land Transfer Tax
Provincial LTT
$0
Provincial LTT (Net)
$0
Toronto Municipal Land Transfer Tax
Municipal LTT
Toronto residents only
$0
Municipal LTT (Net)
$0
Mortgage Default Insurance
CMHC Insurance Premium
Required when down payment < 20%
$0
Legal Fees
Legal / Lawyer Fees
Estimated flat rate
$3,000
Total Estimated Closing Costs
$0
Disclaimer: This calculator provides estimates for informational purposes only. Land transfer tax rates and rebates are based on current Ontario and Toronto schedules. CMHC premiums follow current CMHC guidelines. Legal fees shown are estimates. Always consult with your mortgage agent and lawyer for exact figures.