Mortgage Calculator

Mortgage Amount
(no commas)
Amortization (in years)
Interest Rate %
 

Monthly Principal & Interest
(excluding taxes & insurance)
$..



Enter the Purchase Price of the property on the first line below. Numeric amount only -- no commas, periods or dollar signs. Press calculate and the amount of Ontario Land Transfer Tax payable appears in the third line.

Purchase Price $ 
 
Land Transfer Tax $ 


Ontario Land Transfer Tax on residential property is the total of:

0.5% of the first $55,000

  • plus 1.0% of the amount from $55,001 to $250,000

  • plus 1.5% of the amount in excess of $250,001 to $400,000

  • plus 2.0% of the amount in excess of $400,000


  •    
    Jack Scott| Royal LePage Real Estate Services Ltd.
    Office: 905-828-1122 | Email:jackscott@royallepage.ca
    5055 Plantation Place | Mississauga, ON L5M 6J3

     
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