We use cookies and local storage for essential features and analytics. Privacy Policy

Calculators

Closing costs calculator

Estimate your closing costs and total cash needed at closing — including legal fees, title insurance, land transfer tax, and PST on your default-insurance premium where applicable. For a typical resale-home purchase from an A-lender.

Your purchase

$
$

Leave blank to use today's date. Only affects the provincial tax on your default-insurance premium where the rate changes over time.

Cost components

$
$
$

Most insured purchases waive the appraisal fee.

Total cash needed at closing

$35,595.00

$10,595.00 closing costs + $25,000.00 down payment.

OntarioInsured (CMHC)

Breakdown

Legal fees$1,800.00
Title insurance$300.00
Home inspection$500.00
Appraisal fee

Disabled — most insured purchases waive the appraisal fee.

Ontario RST on default-insurance premium$1,520.00
Land transfer tax$6,475.00
Closing costs total$10,595.00
+ Down payment$25,000.00
Total cash needed$35,595.00

New construction adds GST/HST; condos add a status certificate fee. Talk to a verified agent for your specific scenario.

Estimates only. Actual closing costs vary by lender, lawyer, property type, and provincial rules — verify with your lawyer or a verified agent before closing.