Housing calculator · Updated October 5, 2026
Closing costs calculator
On top of your down payment, you pay a set of one-time costs on closing day. Enter your price and province to see yours.
Land transfer tax
Biggest cost
except in Alberta and Saskatchewan
Legal fees
Always
get two or three quotes
Mortgage insurance
PST due
in ON, QC and SK, paid on closing
Adjust the other costs
Closing costs
$0
What's included in closing costs
- ✓Land transfer tax (or property transfer tax / welcome tax), set by the province and some cities. First-time buyers get rebates in several provinces.
- ✓Legal fees and disbursements for the lawyer or notary who handles the title transfer and mortgage registration.
- ✓Home inspection before you firm up the offer.
- ✓Title insurance, which most lenders require.
- ✓Adjustments: refunds to the seller for property tax, utilities or condo fees they prepaid past your closing date.
- ✓Provincial sales tax on CMHC (mortgage default) insurance in Ontario, Quebec and Saskatchewan. It can't be added to the mortgage and is due at closing.
- ✓Moving costs, and appraisal or survey fees if your lender asks for them.
Minimum down payment
Closing costs come on top of your down payment. The minimum down payment is 5% of the first $500,000, 10% of the rest up to $1.5 million, 20% at $1.5 million or more. With less than 20% down you need mortgage default insurance.
How to keep closing costs down
- ✓Claim every first-time buyer land transfer tax rebate you qualify for.
- ✓Get quotes from several lawyers or notaries and ask for an all-in price including disbursements.
- ✓Ask your lender about cash-back or legal-fee-covered mortgage offers.
- ✓Set the closing date to limit tax and utility adjustments, and book movers early.
Frequently asked questions
How much are closing costs in Canada?
Use the calculator above for your province and price. Land transfer tax is usually the largest item; legal fees, inspection, title insurance and adjustments add more on top.
Can closing costs be added to my mortgage?
Generally no. Lenders want to see that you have the down payment plus enough cash for closing costs. The CMHC premium can be added to the mortgage, but the provincial sales tax on it cannot.
Which province has no land transfer tax?
Alberta has no land transfer tax, only small land title and mortgage registration fees. Saskatchewan charges title transfer fees rather than a land transfer tax.
Do first-time buyers pay less?
In several provinces, yes. Ontario, Toronto, British Columbia and PEI offer first-time buyer rebates or exemptions on land transfer tax.
Related tools
Sources
- FCAC: How much you need for a down payment
- FCAC: Getting preapproved (costs to plan for)
- CMHC: What is mortgage loan insurance
Figures checked against these official sources on October 5, 2026. We re-check them every week; see what changed.
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