Starting figures are examples, marked Example beside each field. Replace them with your own for a result about you.
Purchase
The home and how much you put down.
7.18% of the price. Minimum is $63,800.00.
Mortgage
Your rate, term, and amortization.
Assumed: interest compounds twice a year, the usual for a fixed rate. Your lender's terms decide, so change it if they say otherwise.
Home Expenses
The costs of owning the home. Property tax is yearly, the rest monthly.
$833.33 a month
Ancillary Cost
These one-time closing costs are easy to overlook. Enter 0 for any that do not apply. A blank one is not counted, and the total waits for it.
Disclaimer: This calculator is for illustrative purposes only and should not be relied upon for financial planning. Land transfer tax, rebates, and insurance rules change and vary by province and municipality. Confirm the final figures with your lawyer and lender before you close.