Buying Calculator

Closing Cost Calculator

Estimate the cash you'll need for your down payment and major purchase closing costs.

$
%

= $180,000

Total Cash Needed

$196,975

Down payment plus estimated major closing costs

Down Payment

Purchase Price$900,000
Down Payment20.0%$180,000

Estimated Closing Costs

Ontario Land Transfer Tax$14,475
Estimated Buyer Legal Fees$2,500
Total Estimated Closing Costs$16,975

Total Cash Needed

Down Payment$180,000
Estimated Closing Costs$16,975
Total Cash Needed$196,975

Buying in Durham?

How Much Cash Do You Actually Need?

See the minimum down payment and major closing costs required to complete a purchase.

Estimates are provided for planning purposes only. Tax rules, eligibility and transaction circumstances can affect the final amount payable. Confirm your actual Land Transfer Tax and eligibility for any first-time buyer refund/rebate with your real estate lawyer.