Ontario Real Estate

Mortgage Calculator

Estimate your monthly payment including CMHC insurance and Ontario land transfer tax. All calculations follow Canadian mortgage rules.

Your Details

Purchase Price

Down Payment

6.88% of purchase price · CMHC insurance required

Annual Interest Rate

Amortization

Payment Frequency

First-time home buyer

Purchasing in the City of Toronto

Estimates only — for illustration purposes. Rates, insurance premiums, and tax rules change frequently. Consult a mortgage professional for personalized advice.

Estimated Payment

$4,729.31

/ mo

CMHC Insurance (4.00%)$29,800

Ontario Land Transfer Tax$12,475

Total Interest (25 yrs)$643,994

Total Cost of Borrowing$1,418,794

Principal vs. Interest

Principal 53%Interest 47%