Mortgage Calculator

How much will you be borrowing?

What will be the amortization of this mortgage (in years)?

What will be the interest rate?

Instructions: Enter numbers and decimal points. No commas or other characters.

This is an estimate of your principal + interest payment, or in other words, what you send to the bank each month.

Property Transfer Tax Calculation

British Columbia Property Transfer Tax

Based on fair market value of land and improvements (e.g. buildings)

1% on the first $200,000
2% on portion between $200,000 – $2,000,000
3% on anything over $2,000,000

Qualifying first time buyers may be exempt: First Time Home Buyer’s Program

If you’re a foreign national or foreign corporation and the residential property is located in the Greater Vancouver Regional District, you also pay a 15% additional property transfer tax on the fair market value of your proportionate share.