Budgeting for a purchase

Questions in this section

Answered questions link through. The rest are on the editorial schedule — search or ask for quotes if you need one sooner.

• What are closing costs in Ontario?calculator
• How much cash do I actually need on closing day?calculator
• What is the difference between a deposit and a down payment? scheduled
• How much is land transfer tax on an $800,000 home?calculator
• Who qualifies for the first-time home buyer land transfer tax rebate? scheduled
• Does adding my parent to title cost me the first-time buyer rebate? scheduled
• How much mortgage insurance will I pay with 5% down? scheduled
• Why do I have to pay tax on my CMHC premium in cash? scheduled
• What is the difference between an insured, insurable and uninsured mortgage? scheduled
• Can I use a gifted down payment and what does my lawyer need? scheduled
• What is the non-resident speculation tax and does it apply to me? scheduled
• Do I pay HST on a resale home? scheduled
• What is bridge financing and what does it cost? scheduled
• Joint tenants or tenants in common — which should we choose? scheduled
• Does my spouse have to sign even if they are not on title? scheduled
• Can someone sign for me with a power of attorney? scheduled