Closing Cost Calculator Canada — Estimate All Buying Costs
Estimate every closing cost when buying a home in Canada or the US — land transfer tax, legal fees, home inspection, title insurance, and moving costs. Know your total upfront costs before you make an offer. Free.
Closing costs in Canada typically run 1.5–4% of the purchase price and include land transfer taxes, legal fees, title insurance, and home inspection. Toronto buyers add a municipal land transfer tax, pushing totals to 3–5%. In the US, closing costs are typically 2–5% and include origination fees, appraisal, title, and prepaid taxes/insurance. Enter your province or state and purchase price for a full itemized estimate.
Select your region for jurisdiction-specific rules (deposit caps, rent increase limits, transfer taxes, and more).
Inputs
Results
Total Estimated Closing Costs
$12,475
Land Transfer Tax
$8,475
Other Closing Costs
$4,000
% of Purchase Price
2.08%
Understanding This Calculator
Learn which one-time costs are due on closing day beyond the down payment, and how to estimate the total before you make an offer.
How the math works
The estimate is a sum of itemized parts: Total closing costs = land transfer tax + legal fees + home inspection + title insurance + moving costs + other adjustments − first-time-buyer rebates.
The land transfer tax is calculated from your jurisdiction's marginal brackets (the largest single item in Ontario and BC; zero in Alberta). The other items are entered directly because they are quoted services rather than formulas. The result is also expressed as a percentage of purchase price — typically 1.5–4% in Canada (3–5% in Toronto with its second transfer tax) and 2–5% in the US, where lender origination fees, appraisal, and prepaid taxes/insurance replace much of the transfer tax.
Worked example
Using the defaults for a $600,000 purchase in Ontario, outside Toronto, not a first-time buyer:
- Land transfer tax ≈ $8,475 (marginal brackets on $600,000)
- Legal fees = $2,000
- Home inspection = $500
- Moving = $1,500
- Total ≈ $12,475, or about 2.1% of the purchase price
A first-time buyer would subtract the $4,000 provincial rebate, bringing the total to about $8,475. The same purchase inside Toronto would add roughly $8,475 more in municipal transfer tax.
How to read the result
Closing costs are due in cash on closing day — they cannot be added to the mortgage, so your true savings target is down payment + closing costs, and lenders will want to see funds for both. If the percentage lands outside the typical 1.5–5% band, check for jurisdiction-specific items you may have missed: PST on CMHC premiums, property tax adjustments owed to the seller, condo estoppel/status certificate fees, or well and septic inspections on rural properties.
Your real estate lawyer or notary will produce the exact statement of adjustments before closing — use this estimate for budgeting and offer planning, not as a final figure.