Real estate calculators
Estimate your mortgage payment, land transfer tax, and how much home you can afford - using real Canadian numbers.
Estimates only. Payment shown assumes the rate you entered and is not a rate quote or mortgage approval. Actual payments vary by lender, credit profile, and qualifying rate. Consult a licensed mortgage broker.
Mortgage Payment
Estimates only. Payment shown assumes the rate you entered and is not a rate quote or mortgage approval. Actual payments vary by lender, credit profile, and qualifying rate. Consult a licensed mortgage broker.
Land Transfer Tax
Ontario and Toronto LTT brackets as of 2026. First-time buyer rebate eligibility is subject to conditions - confirm with your real estate lawyer. Exact figures appear on your Statement of Adjustments at closing.
Affordability
Estimate based on a Gross Debt Service (GDS) ratio of 32%. Actual qualification depends on credit score, employment, total debts, and the lender stress test (contract rate + 2%, minimum 5.25%). This is not a pre-approval.
Fixed vs Variable
The break-even rate is the average variable rate at which fixed and variable cost the same over 5 years. If you believe your variable will average below that, variable wins. The stress rows show worst/best case scenarios if rates move.
| Scenario | 5-yr interest | vs fixed | Full amort. interest |
|---|---|---|---|
| Fixed (4.24%) | $126,470 | — | $395,094 |
| Variable — flat (4.95%) | $148,246 | +$21,777 | $471,223 |
| Variable +1% (5.95%) | $179,094 | +$52,624 | $582,728 |
| Variable +2% (6.95%) | $210,092 | +$83,622 | $698,876 |
| Variable −1% (3.95%) | $117,611 | −$8,859 | $364,761 |
Stress rows assume the variable rate stays constant at that level — a simplified worst/best case, not a prediction. Break-even rate is calculated over the 5-year term only. Actual variable mortgages may have payment adjustments at renewal. Always confirm with a licensed mortgage broker.
Rent vs Buy
Rent net worth assumes initial investment + monthly cost differences are invested at 7.0%/yr. Unrecoverable costs = interest + property tax + maintenance + capex + insurance + condo fees. All values are nominal. Not financial advice.
Ready to turn these numbers into a real plan?
These calculators are for informational purposes only and do not constitute financial, legal, or mortgage advice. Results are estimates based on your inputs and current Ontario regulations. Interest rates, tax brackets, and eligibility rules are subject to change without notice. The Nagpal Group makes no guarantee as to the accuracy of results. Always consult a licensed mortgage broker, real estate lawyer, and financial advisor before making any real estate decision.