Mortgage Calculator Ontario — Closing Costs Estimator GTA

Plan Your Purchase

Mortgage & Closing Costs Calculator

Estimate your payments and closing costs instantly. All numbers update live as you type.

Home Price

Down Payment

Amortization Period

Annual Interest Rate

Payment Frequency

Estimated Monthly Payment

Principal — Interest —

Loan Amount—

Total Interest—

Total Cost—

Annual Household Income (before tax)

Down Payment Available

Monthly Debt Payments

Car loans, credit cards, student loans, etc.

Interest Rate

Amortization Period

Estimated Annual Property Tax

Monthly Heating Costs

You Can Afford Up To

Max Mortgage—

Monthly Payment—

Down Payment—

GDS Ratio — TDS Ratio —

GDS must be ≤ 39% · TDS must be ≤ 44% of gross income

Home Purchase Price

Down Payment Amount

First Time Home Buyer (LTT Rebate) Buying in City of Toronto

💡 Tip: Use the Mortgage Calculator tab to estimate your monthly payment, then use this tab to understand your upfront closing costs.

Ontario Land Transfer Tax —

Legal / Lawyer Fees ~$1,500 – $2,500

Title Insurance ~$300 – $500

Home Inspection ~$400 – $600

Mortgage Appraisal Fee ~$300 – $500

Moving Costs ~$1,000 – $3,000

Total Estimated Closing Costs —

These are estimates only. Legal fees, title insurance, and moving costs vary. Harbir can connect you with a trusted GTA real estate lawyer.