Mortgage & closing-cost calculator
Built for Canadian mortgages and BC taxes: semi-annual compounding, mortgage insurance, the stress test and Property Transfer Tax.
Facts checked October 2026
Estimate only. Income assumes 39% of gross income for housing (payment at the stress-test rate, property tax, $100 heat and half the strata fee) and no other debts. Rates, insurance premiums and lender rules vary.
Get a real pre-approval planShow year-by-year schedule
| Year | Paid | Principal | Interest | Balance |
|---|
First-time buyers: no PTT on the first $500,000 for homes up to $835,000 (partial to $860,000). Newly built homes: no PTT up to $1,100,000 (partial to $1,150,000). You can't combine both — the larger one is used. You must be a Canadian citizen or permanent resident and live in the home.
Estimate only. GST is usually included in or added to a new-home price — check your contract. Your lawyer or notary confirms the final figures.
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