Tools

Closing costs

Plan the cash you need beyond the down payment.

Envelopes and keys for planning closing expenses

Purchase price

Down payment

Property is in TorontoEligible for full first-time buyer refundsLegal fees & disbursements (all-in estimate)

Inspection & appraisal (all-in estimate)

Adjustments & other fees (all-in estimate)

Deposit already paid

Estimated closing costs$16,475

Land transfer taxes$12,475

Insurance premium tax$0

Legal, inspection & other$4,000

Down payment$160,000

Estimated cash still needed$156,475

Review with Ashab

Insurance estimates assume an eligible owner-occupied purchase, traditional down payment and amortization of 25 years or less when insured. Other programs may differ. Ontario and Toronto residential property with one or two single-family residences; Toronto brackets effective April 1, 2026. Excludes non-resident taxes, new-build sales tax and exemptions other than the selected full first-time refunds. Confirm eligibility with your lawyer. Edit fees to match your quotes, including taxes and registration fees. Deposit is credited toward your down payment. Estimates only; lender and closing figures may differ.