Tools

Run the numbers: mortgage & Alberta closing cost calculators.

Working calculators and checklists. Everything here is an estimate only — rates shown are sample inputs, not live rates. Save a scenario and it'll be waiting on your dashboard.

Mortgage payment

Canadian fixed-rate mortgages compound semi-annually, not in advance (Interest Act). This calculator converts the nominal annual rate to an equivalent rate per payment.

Purchase price

Down payment

Interest rate Sample input

Sample rate — check with a lender for today's rates.

Amortization

Payment frequency

Term (for balance at renewal)

First-time buyer or new build (30-yr amortization allowed on insured mortgages)

Estimated payment

—

Mortgage (incl. CMHC premium)—

CMHC premium added—

Down payment—

Total interest over amortization—

Balance at end of term—

Affordability

Uses typical insured-mortgage limits: GDS ≤ 39% and TDS ≤ 44% of gross income, qualified at the greater of your rate + 2% or 5.25% (federal minimum qualifying rate / stress test).

Gross household income (yearly)

Other monthly debt payments

Car loans, credit cards (3% of balance), lines of credit…

Down payment available

Contract interest rate Sample input

Property tax (monthly)

Estimate — check the City of Calgary or county assessment.

Heating (monthly)

Lenders often use a standard figure.

Condo fees (monthly, if any)

50% is counted in GDS/TDS.

Amortization

Estimated max purchase price

—

Qualifying (stress-test) rate—

Maximum mortgage (approx.)—

Payment at contract rate—

GDS at that price—

TDS at that price—

Limiting ratio—

Estimate only. Lenders also look at credit, employment, the property, and their own policies. This is not a pre-approval — talk to a mortgage professional.

CMHC insurance premium

Mortgage default insurance is required when you put down less than 20%. The premium is a percentage of the loan, based on loan-to-value, and is usually added to the mortgage. Premiums here use CMHC's published homeowner schedule (Sagen and Canada Guaranty publish matching rates). Alberta has no provincial sales tax on the premium.

Purchase price

Down payment

30-year amortization as a first-time buyer or on a new build (+0.20%) Non-traditional down payment source (e.g. borrowed)

Premium tiers (homeowner, 1–4 units)

Loan-to-value	Premium

Source: CMHC, "Premium information for homeowner and small rental loans" (checked Oct 8, 2026).

Estimated premium

—

Loan-to-value—

Premium rate—

Base loan—

Total mortgage with premium—

Minimum down payment—

Alberta closing costs

Good news: Alberta has no land transfer tax. Instead you pay Land Titles registration fees: $50 + $5 per $5,000 (or part) of the property value for the transfer, and $50 + $5 per $5,000 (or part) of the mortgage amount for the mortgage (in effect since Oct 20, 2024).

Purchase price

Mortgage amount

Include any CMHC premium added to the loan.

Legal fees & disbursements

Sample — get a quote from your lawyer.

Home inspection

Sample.

Appraisal (if lender requires)

Sample.

Title insurance

Sometimes included in legal fees.

Property tax / utility adjustments

Sample — depends on closing date.

Moving

Sample.

New construction — add 5% GST to estimate (rebates may apply; confirm with builder/lawyer)

Estimated closing costs

—

Land Titles — transfer of land—

Land Titles — mortgage registration—

GST (new build)—

Legal, inspection & other (sample)—

Total as % of price—

Estimate only. Your lawyer will confirm exact figures on the statement of adjustments.

Rent vs buy

Compares estimated net worth for buying vs renting and investing the difference. All growth rates are sample assumptions — change them to test your own view.

Home price

Down payment

Mortgage rate Sample input

Compare over

years

Monthly rent today

Rent increase / yr Sample input

Home price growth / yr Sample input

Investment return / yr Sample input

Property tax / yr

Maintenance / yr (% of value)

Condo fees / month

Selling costs (% of sale)

Sample — commission, legal, etc.

After 10 years

—

Buy Rent & invest

Buyer net worth—

Renter net worth—

Upfront closing costs (AB estimate)—

Simplified model: ignores taxes on investment gains, CMHC premium, and renovation costs. For discussion only.

Cap rate & cash-on-cash

For income properties. NOI = income − vacancy − operating expenses. Cap rate = NOI ÷ price.

Purchase price

Gross annual income

Vacancy & credit loss

Operating expenses / yr (not recoverable)

Taxes, insurance, repairs, management not paid by tenants.

Down payment

Commercial lenders often require more down than residential.

Interest rate Sample input

Amortization

Closing costs (% of price)

Sample.

Cap rate

—

Net operating income—

Annual debt service—

Annual cash flow (pre-tax)—

Cash-on-cash return—

Debt service coverage (DSCR)—

Cash invested—

Lease cost

For tenants comparing spaces. Most Calgary commercial leases are net: base rent plus additional rent (operating costs & property tax, often called TMI).

Rentable area

sq ft

Base rent ($/sq ft/yr)

Sample.

Additional rent / TMI ($/sq ft/yr)

Sample.

Base rent escalation / yr

Term

years

Free-rent months (base rent only)

months

Total occupancy cost over term

—

Fit-out (tenant improvement) cost

Estimate build-out cost, subtract the landlord's TI allowance, and see what the remainder costs if amortized over the lease.

Area to improve

sq ft

Fit-out level

Cost per sq ft

Sample figure — get contractor quotes.

Landlord TI allowance ($/sq ft)

Negotiated; sample.

Contingency

Amortization rate Sample input

If landlord or lender finances the remainder.

Amortize over

years

Tenant share of fit-out

—

Gross fit-out incl. contingency—

Landlord allowance—

Tenant share—

Monthly if amortized—

Equivalent $/sq ft/yr—

Acreage & rural due-diligence checklist

Questions I'd want answered before firming up on rural property. Not legal or technical advice — involve your lawyer, inspector and the county.

Buyer steps

Seller steps

Document checklist (buyers)

What lenders and lawyers commonly ask for. Your lender's list is the one that counts.

What's my home worth?

An honest range, not a number designed to win your listing. Request a free evaluation and, if you like, a monthly home-value report.

A REALTOR®'s opinion of market value, not an appraisal.

Request my home value

Calculators are for information only and are not financial, mortgage, legal or tax advice. Rates and growth figures are sample inputs, not live or recommended rates.