Trusted tools for GTA homebuyers. All calculations use the correct Canadian semi-annual compounding formula.
Calculations use Canadian semi-annual compounding as required by the Interest Act. CMHC premiums apply when down payment is less than 20%. Rates shown for illustrative purposes.
Based on OSFI's GDS/TDS qualifying ratios for Ontario buyers.
Estimates based on standard GDS (39%) and TDS (44%) ratios. Actual qualification may vary by lender, credit score, and other factors. Stress test qualifying rate = contract rate + 2% or 5.25%, whichever is higher.
The stress test determines if you can still afford your mortgage if interest rates rise.
Enter your details to see your stress test result.
OSFI stress test rules: qualify at the higher of your contract rate + 2% OR 5.25%. GDS max 39%, TDS max 44% for insured; 45% for uninsured. Results are estimates only.
Toronto buyers pay both provincial and municipal land transfer tax. Calculate your total LTT and rebates.
| Purchase Price | Rate |
|---|---|
| First $55,000 | 0.5% |
| $55,001 – $250,000 | 1.0% |
| $250,001 – $400,000 | 1.5% |
| $400,001 – $2,000,000 | 2.0% |
| Over $2,000,000 | 2.5% |
| Ontario Provincial LTT | — |
| Toronto Municipal LTT | — |
| First-Time Buyer Rebate | — |
| Total LTT Payable | — |
First-time buyer rebates: Ontario up to $4,000 (on homes ≤ $368,000 for full rebate); Toronto up to $4,475. You must never have owned a home anywhere before. This calculator provides estimates only.
See the real cost difference between your bank's rate and a better offer — over the full term.
See how much you can save by getting a better rate.
Everything you need to know about mortgage calculations in Canada.