Closing Cost Calculator Canada
Plan the additional costs due when a Canadian home purchase closes.
Plan closing costs
Enter the agreed purchase price and choose a planning rate. The result is a reserve for additional transaction costs. It does not change the down payment or mortgage amount and is not a transaction-specific closing statement.
Common cost categories
Land transfer tax, legal or notary fees, title insurance and registration charges relate to ownership transfer. Inspection and appraisal support due diligence or financing. Adjustments settle items such as prepaid property tax or utilities between buyer and seller.
Province and municipality matter
Land transfer tax and available rebates are not uniform across Canada. Some municipalities impose an additional charge. Treat the percentages as a federal consumer-planning range and confirm the actual amount with the lawyer or notary handling the purchase.
Example and cash to close
On a CAD 500,000 purchase, the 2.5% planning rate produces a CAD 12,500 reserve. This is separate from the down payment: cash needed on closing day combines the down payment, costs that are not financed and agreed adjustments.
What the estimate does not calculate
The calculator does not determine a specific land transfer tax, CMHC premium, sales tax, first-time buyer rebate or professional fee. New-build status, location, financing and contract terms can materially change the final statement.
Planning source
The stored range follows the Financial Consumer Agency of Canada home-buying guidance. It is a planning reference, not a statutory fee or tax tariff.