Use our interactive Ontario/Toronto mortgage calculator below.

You can toggle:

• Your purchase price, down payment amount and interest rates to see amortization schedules & other data
• Land transfer taxes for both province and city*
• Monthly expenses
• 1st time buyer rebates available
• Or switch to “Renewal Or Refinance” view if you already have a mortgage and you’re looking for a new quote.

*Land transfer tax is paid to the province when the transaction closes. Land transfer tax is normally based on the amount paid for the land, in addition to the amount remaining on any mortgage or debt assumed as part of the arrangement to buy the land.

If you buy property in the City of Toronto, you also pay the City of Toronto’s own municipal land transfer tax.