*Calculation uses average house price in the City of Kingston to calculate what your home might be worth assuming it has risen in value similarly to the “average” City of Kingston property. Calculations are estimates only and cannot be relied upon for valuation purposes.

Asking Price

Enter the price of the home you're interested in and press GO.
Down payment        Down payment The amount of money you pay up front to obtain a mortgage. The minimum down payment in Canada is 5%. For down payments of less than 20%, home buyers are required to purchase mortgage default insurance, commonly referred to as CMHC insurance.
Mortgage insurance        Mortgage insurance Mortgage default insurance, commonly referred to as CMHC insurance, protects the lender in the case the borrower defaults on the mortgage. Mortgage default insurance is required on all mortgages with down payments of less than 20%, which are known as high ratio mortgages. Mortgage default insurance is calculated as a percentage applied to your mortgage amount. plus
Total Mortgage Required equals $- $- $- $-
Amortization period       
Choose an amortization period.
Mortgage rate       
Enter a mortgage rate to calculate the corresponding payment.

Total Mortgage Payment

$- $- $- $-
Land Transfer Tax: $-
If necessary, update your profile to calculate land transfer tax.
Provincial:      plus
Municipal:        Municipal Some municipalities, like Toronto, levy an additional LTT, which is similarly calculated as a percentage of the purchase price of a home. plus
Rebate:        Rebate If you are a first-time home buyer in British Columbia or Ontario, you will be eligible for LTT rebates, equal to the value of the LTT up to a maximum amount set by the province. minus
Explore the drop-downs to better understand your mortgage choice.

Cash Needed
How much extra cash will I need when my house closes?

Monthly Expenses
Can I afford my monthly expenses & mortgage payments?

Interest Rate Risk
What would my payment be at higher interest rates?

Amortization Schedule
What do my payments look like over time?

Select rate

Provider Rate Select
Custom rate Select