This is a simple closing cost calculator.
For a with the purchase price of , an interest rate of % and a mortgage amount of that closes on the day of the month you will incur the following closing costs:
Your Estimated Closing Costs | |
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Ontario Land Transfer Tax: | |
First-time homebuyer rebate: | |
Toronto Land Transfer Tax: | |
First-time homebuyer rebate: | |
Interest adjustment: | |
HST on New Home Purchase: | |
HST Rebate on New Home Purchase: | |
New Home Warranty Enrolment Fee : | |
PST on High Ratio Insurance Fee: | |
Subtotal: |
Other Closing Costs (estimated using house price) | ||
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Low End | High End | |
Title Insurance (estimate) | ||
Legal Fees & Disbursements | ||
Closing Adjustments | ||
Home Insurance | ||
Status Certificate (condos only) | ||
Subtotal |
Low End | High End | |
Total Estimated Closing Costs |
High Ratio Insurance Fee (standard premium) |
New Mortgage Balance (with High Ratio Insurance Fee Included if applicable) |
For a detailed explanation of each specific cost, check out this post:
Closing Costs – The Stomach Punch of the Home Buying Process

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Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.