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Closing costs calculator for Canadian home buyers
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Closing Costs Calculator

Estimate all the costs involved in purchasing a home in Canada. Get a complete breakdown including land transfer tax, CMHC insurance, legal fees, and more.

Complete Breakdown

All closing costs itemized

CMHC Insurance

Calculated automatically

Total Cash Needed

Down payment + costs

Property & Purchase Details

$
$100,000 $2,000,000
5% 50%

Adjustable Estimates

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$
$
$

Closing Costs Breakdown

Land Transfer Tax $0
Legal Fees $1,500
Title Insurance $350
Home Inspection $500
Property Appraisal $400
Property Tax Adjustment $0
Total Closing Costs $0

0% of purchase price

Down Payment $100,000
Total Cash Needed $0

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What Are Closing Costs?

Closing costs are the fees and expenses you pay when finalizing a real estate transaction, in addition to your down payment. In Canada, closing costs typically range from 1.5% to 4% of the purchase price, depending on the province and property type.

CMHC Mortgage Insurance

If your down payment is less than 20%, you'll need mortgage default insurance (commonly called CMHC insurance). The premium ranges from 2.8% to 4% of the mortgage amount and can be added to your mortgage or paid upfront.

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