Plan with transparent assumptions

True Cost of Home Ownership

Separate cash paid, expenses and the principal that builds equity.

Prefilled amounts are examples—not personal advice, local quotes or guaranteed returns. Review every assumption. All amounts are Canadian dollars.

Home price ($)

Down payment ($)

Amortization (years)

Eligible first-time buyer or newly built home?

Insured amortization beyond 25 years requires eligible first-time-buyer or new-build status; a 0.20 percentage-point premium surcharge is included.

Fixed annual mortgage rate (%)

Initial fixed term (years)

Rate after first renewal (%)

Years to model

Cash sales tax on insurance premium ($)

Applicable provincial tax is not financed. Enter your lender quote (including where applicable ON, QC or SK). Zero is an assumption, not a provincial tax determination.

Annual property taxes ($)

Annual home insurance ($)

Annual maintenance reserve ($)

Monthly utilities ($)

Monthly condo fees ($)

Closing and moving cash ($)

Annual expense increase (%)

Method and scope

Inputs are checked before calculation. Editing any field clears the previous result so it cannot be mistaken for an updated answer. Rules reviewed October 2, 2026. Confirm tax eligibility and mortgage terms with your professional.

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