Closing costs calculator
Estimate legal, title, and tax adjustments due at closing.
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Interactive calculator
Closing costs calculator
Estimate legal fees, title insurance, appraisal costs, and property tax adjustments due at closing.
Calculation notes
Methodology for the closing costs calculator
Estimate all common closing costs — legal fees, land transfer taxes, title insurance, appraisal, and adjustments — to build a complete cash-to-close budget.
Compare closing costs across provinces and see how first-time buyer rebates and exemptions reduce your upfront cash requirement.
Understand which costs are fixed (legal fees, title insurance) and which scale with purchase price (land transfer tax, commission adjustments).
Use it to avoid the most common buyer mistake: focusing only on the down payment and being surprised by $5K-$15K in additional costs at closing.
Inputs to check
- Purchase price
- Province and municipality
- Property type and first-time buyer status
Assumptions
- Land transfer taxes use published provincial and municipal rates current as of the calculator's last update.
- Legal fees are estimated ranges; exact costs depend on the lawyer or notary you select.
- First-time buyer rebates depend on eligibility criteria that vary by province — confirm with your advisor.
- Property tax adjustments and utility adjustments are estimates and depend on the specific closing date.
How this calculator works
Estimate all common closing costs — legal fees, land transfer taxes, title insurance, appraisal, and adjustments — to build a complete cash-to-close budget.
Compare closing costs across provinces and see how first-time buyer rebates and exemptions reduce your upfront cash requirement.
Understand which costs are fixed (legal fees, title insurance) and which scale with purchase price (land transfer tax, commission adjustments).
Use it to avoid the most common buyer mistake: focusing only on the down payment and being surprised by $5K-$15K in additional costs at closing.
Inputs you will need
- Purchase price
- Province and municipality
- Property type and first-time buyer status
Assumptions and limitations
- Land transfer taxes use published provincial and municipal rates current as of the calculator's last update.
- Legal fees are estimated ranges; exact costs depend on the lawyer or notary you select.
- First-time buyer rebates depend on eligibility criteria that vary by province — confirm with your advisor.
- Property tax adjustments and utility adjustments are estimates and depend on the specific closing date.
Example scenarios
Ontario first-time buyer
On a $650K Toronto purchase: LTT is $8,475 provincial + $8,475 municipal = $16,950 before rebates. First-time buyers receive up to $4,000 provincial + $4,475 municipal rebate, reducing total to $8,475.
BC property transfer tax estimate
On $850K Vancouver purchase: PTT is 1% on first $200K + 2% on remainder = $15,000. First-time buyers may qualify for full or partial exemption depending on purchase price.
Alberta no-LTT advantage
Alberta has no provincial land transfer tax — only nominal registration fees. On a $500K purchase, this saves ~$5,000-$7,500 compared to Ontario or BC.
Full closing cost breakdown
Legal fees ($1,200-$2,000), title insurance ($300-$500), appraisal ($350-$600), home inspection ($400-$600), property tax adjustment ($500-$2,000), moving ($1,000-$3,000). Budget $3,500-$8,500 plus LTT.
Related tools
Turn this purchase result into a plan
Pair the calculator output with the right buyer guide, then pressure-test lender fit, down payment, and closing-day cash before you make an offer.
Guides
Read the Canada-specific playbook before you commit to the next step.
Execution
Use the broker workflow, rates pages, or secure dashboard to move from estimate to action.
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Frequently asked questions
Are closing costs included in the down payment?
No. Closing costs are entirely separate and must be paid in addition to your down payment. On a $500K purchase with 10% down ($50K), you need $50K down PLUS ~$8K-$12K in closing costs — roughly $58K-$62K total cash. Lenders verify you have sufficient funds for both.
Do closing costs vary significantly by province?
Yes, dramatically. Land transfer taxes are the biggest variable: Alberta has none, Ontario and BC have the highest (often $10K-$20K+), and other provinces fall in between. Legal fees also vary — $1,200-$2,500 in major cities vs $800-$1,500 in smaller markets.
Can closing costs be financed into the mortgage?
Rarely for purchases. Most lenders do not allow closing costs to be added to the mortgage on a purchase. The exception is cash-back mortgages, which provide a lump sum after closing that can indirectly cover costs — but at higher rates. For refinances, some closing costs can be added to the new mortgage.
What is title insurance and do I need it?
Title insurance protects against losses from title defects — survey errors, fraud, encroachments, unpaid liens. It is a one-time premium of $300-$500 and is required by most lenders. Even if not required, most lawyers recommend it — the cost is tiny compared to the risk of an undiscovered title defect.
Are there closing cost rebates for first-time buyers?
Yes, but they vary by province. Ontario offers up to $4,000 provincial LTT rebate plus municipal rebates. BC offers full PTT exemption up to $500K and partial to $835K. PEI offers full exemption. Check your province's specific programs — the savings can be substantial.