Cash Planning
Closing Costs
Calculator
The bank approves the mortgage, but you must bring the cash. Calculate your true "Cash to Close" for 2026.
Total Cash-to-Close
Don't get blindsided. Calculate every dollar needed on closing day.
Conventional
Service Estimates
Total Cash Required Day of Closing
$203,175
Down Payment: $180,000Closing Costs: $23,175
Costs$23,175
Land Transfer Tax$20,475
Legal & Title$1,900
Appraisal/Inspection$800
The "Hidden" Costs Explained
PST on CMHC
Most First-Time Buyers miss this. If you put less than 20% down, you need CMHC insurance. The 8% PST must be paid in cash.
Adjustments
Reimbursing the seller for pre-paid Property Taxes or Utilities. We recommend budgeting $500 - $1,000.
Get a Closing Cost Sheet
We'll send you a PDF for your lawyer.