Closing Costs Calculator 2020

Flag of Canada

Don’t let your closing costs become a thousand-dollar surprise. Find out how much you can expect to pay with our closing cost calculator.

Mortgage Terms

Purchase Pricehelp

The purchase price of your home.

$ 500,000

Down Paymenthelp

The amount paid upfront. In Canada, the minimum down payment is 5%. Mortgage default insurance (commonly referred to as CMHC insurance) is required for down payments under 20%.

20% = $100,000

Unsure about your purchase price? Find out how much you can afford.

Where is the property you are purchasing?

Province

ON

City

Toronto

What type of property are you purchasing?

Condo Apt.
Townhouse
Detached House
Not Decided

About You

Check all of the following that apply to you or your spouse/common-law partner.

This calculator is provided for general information purposes only. WOWA does not guarantee the accuracy of information shown, and is not responsible for any consequences of the use of the calculator.
* Rates shown are on approved credit and subject to change without notice.