Initial Mortgage Investment Tool

Initial Investment Calculator

Down payments are often considered in absolutes. It is crucial to note that there are many hidden costs and expenses that are added onto the total amount of cash needed for the initial purchase of a property. This calculator takes into account those “fine print” costs such as land transfer tax, mortgage insurance premiums (if needed), lawyer fees, title insurance, realtor commission, and estoppel certificates (for condos).

Property Type:
Property Purchase Price:
Down Payment:

Included in calculation: Land Transfer Tax (province dependent), Mortgage Insurance Premium, Lawyer Fees, Title Insurnace, Realtor Commission, Estoppel Certificate (condos only)