Mortgage PWA

Land Transfer Tax Calculator

Canada

Land Transfer Tax Calculator

Canada

Mobile-first mortgage calculator with escrow, PMI, extra payments, amortization, charts, and PWA support.

Monthly payment

$4,753

Biweekly

$3,366

Monthly payment

$4,753

Biweekly

$3,366

Estimated monthly payment

$4,753

Includes principal, interest, taxes, insurance, PMI, HOA, and other costs.

Loan amount: $600,000

Payoff date

Feb 2051

Assumes steady rate and current extra payments.

Biweekly estimate

$3,366

Same payoff as monthly schedule.

Total interest

$494,634

Biweekly savings: $626

Payment breakdown

$4,753

76.77% to principal & interest

Principal & interest$3,649

Property tax$688

Home insurance$167

PMI / LMI$250

HOA / Strata$0

Other costs$0

Land Transfer Tax Calculator guide

The land transfer tax calculator page helps Ontario buyers estimate mortgage payments alongside land transfer tax (LTT). Ontario has a provincial LTT; Toronto adds a municipal land transfer tax. We prefill CAD $750,000, 20% down, and a 5.4% rate. Use a dedicated LTT calculator for exact tax amounts; this page focuses on the mortgage payment you will have after purchase.

First-time buyers may qualify for Ontario and Toronto LTT rebates. The calculator includes property tax, insurance, and CMHC (when applicable). Add condo fees in the HOA field. Extra payments and biweekly schedules work as on our main calculator. All math runs client-side. Install the PWA for offline use.

Amortization schedule

Yearly view

Period	Date	Principal	Interest	Escrow	PMI	Total interest	Ending balance
2026	Jan 2026	$9,682	$26,806	$8,542	$0	$26,806	$590,318
2027	Jan 2027	$12,207	$31,578	$10,250	$0	$58,384	$578,110
2028	Jan 2028	$12,883	$30,902	$10,250	$0	$89,286	$565,227
2029	Jan 2029	$13,596	$30,189	$10,250	$0	$119,475	$551,631
2030	Jan 2030	$14,349	$29,436	$10,250	$0	$148,911	$537,282
2031	Jan 2031	$15,143	$28,642	$10,250	$0	$177,553	$522,139
2032	Jan 2032	$15,982	$27,804	$10,250	$0	$205,357	$506,157
2033	Jan 2033	$16,866	$26,919	$10,250	$0	$232,276	$489,291
2034	Jan 2034	$17,800	$25,985	$10,250	$0	$258,262	$471,491
2035	Jan 2035	$18,785	$25,000	$10,250	$0	$283,262	$452,706
2036	Jan 2036	$19,825	$23,960	$10,250	$0	$307,222	$432,881
2037	Jan 2037	$20,923	$22,863	$10,250	$0	$330,085	$411,958
2038	Jan 2038	$22,081	$21,705	$10,250	$0	$351,789	$389,877
2039	Jan 2039	$23,303	$20,482	$10,250	$0	$372,271	$366,574
2040	Jan 2040	$24,593	$19,192	$10,250	$0	$391,464	$341,981
2041	Jan 2041	$25,955	$17,831	$10,250	$0	$409,294	$316,026
2042	Jan 2042	$27,391	$16,394	$10,250	$0	$425,689	$288,635
2043	Jan 2043	$28,908	$14,878	$10,250	$0	$440,566	$259,728
2044	Jan 2044	$30,508	$13,278	$10,250	$0	$453,844	$229,220
2045	Jan 2045	$32,197	$11,589	$10,250	$0	$465,433	$197,023
2046	Jan 2046	$33,979	$9,806	$10,250	$0	$475,239	$163,044
2047	Jan 2047	$35,860	$7,925	$10,250	$0	$483,165	$127,184
2048	Jan 2048	$37,845	$5,940	$10,250	$0	$489,105	$89,339
2049	Jan 2049	$39,940	$3,845	$10,250	$0	$492,950	$49,399
2050	Jan 2050	$42,151	$1,634	$10,250	$0	$494,585	$7,249
2051	Jan 2051	$7,249	$49	$1,708	$0	$494,634	$0

Figures include principal, interest, escrow amounts, and PMI where applicable. Minor rounding may occur.

FAQs

Land Transfer Tax Calculator — frequently asked questions

Straight answers about taxes, PMI, extra payments, and biweekly schedules.

What is Ontario land transfer tax?+

Ontario charges a provincial land transfer tax on property purchases. Toronto adds a municipal land transfer tax. Rates are tiered based on purchase price.

Do first-time buyers get a rebate?+

Ontario offers a first-time buyer rebate up to $4,000. Toronto offers an additional rebate. Check current limits and eligibility.

How do I get the exact LTT amount?+

Use a dedicated land transfer tax calculator for Ontario and Toronto. This page focuses on mortgage payment estimates.

Does the calculator include CMHC insurance?+

We model default insurance as PMI when down payment is below 20%. Adjust the rate to match CMHC, Sagen, or Canada Guaranty.

Can I use this for a Toronto condo?+

Yes. Enter your purchase price and down payment. Add condo fees in the HOA field for your total monthly cost.

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