Ontario · 2026
Ontario mortgage calculator
Payments, CMHC insurance with Ontario’s 8% sales tax on the premium, and Ontario land transfer tax with the first-time buyer refund.
Calculating… If nothing appears, please enable JavaScript.
Buying a home in Ontario: what’s different
- Land transfer tax from 0.5% to 2.5% of the price, due at closing. First-time buyers get up to $4,000 back.
- 8% retail sales tax on the CMHC premium, paid in cash at closing. On a $20,000 premium that’s $1,600.
- Toronto buyers pay a second, municipal land transfer tax: use the Toronto mortgage calculator.
- Non-residents pay an additional 25% Non-Resident Speculation Tax province-wide.
On a $750,000 home outside Toronto, Ontario land transfer tax is $11,475, or $7,475 for a first-time buyer.
Frequently asked questions
How much is land transfer tax in Ontario on a $750,000 home?
$11,475, or $7,475 after the $4,000 first-time buyer refund.
Is CMHC insurance taxed in Ontario?
Yes, 8% retail sales tax applies to the premium and must be paid at closing; it can’t be added to the mortgage.
Official sources Checked November 1, 2026