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"Your Satisfaction - My Calling Card!"™
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How Much Can You Afford?
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Let us help you find out what you can afford!
Our mortgage calculator will help you determine loan amounts, mortgage qualification, or whether you should be renting or buying.
Complete the fields below (e.g., Cost of Home, Down Payment, Monthly Income) and click Calculate Now. To view the different results of your calculation, click on the various tabs. To e-mail yourself a copy of your results, click the Receive this Detailed Analysis link.
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Results
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Receive this Detailed Analysis
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Your Monthly Payments
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| Loan Amount: |
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| Loan Insurance (
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| Total Loan(Mortgage) Amount: |
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| Principal & Interest: |
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| Homeowners Insurance: |
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| Property Taxes: |
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| Condo Fees: |
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| Monthly Loan Insurance (%): |
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| Total Monthly Payment: |
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Land Transfer Tax - Residential Only
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Land transfer tax is imposed on the acquisition of an interest in land by registered conveyance or unregistered disposition.
Every person obtaining an interest in land is liable for land transfer tax. The tax is calculated on the value of the consideration for the transfer. In certain circumstances the Land Transfer Tax Act (Act) deems the value of the consideration to be the fair market value of the land.
The Act defines land to include the land itself, buildings, estates, options, leasehold interests and fixtures.
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0.5% on the first $55,000
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1.0% of the amount from $55,001 to $250,000
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1.5% of the amount from $250,001 to 400,000
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2.0% of the amount in excess of $400,000
Click here for a Land Transfer Tax Calculator. |
Email carlr@barrie-homes.com; Local phone 705-722-7100 ext. 3010; Toronto area 416-362-7100; Newmarket area 905-895-5525.
Thank you! |
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