Best Mortgage Offers

Ontario mortgage tools

Closing cost tools for Ontario buyers who need real numbers

Best Mortgage Offers starts with a source-linked Ontario HST rebate and cash-to-close calculator for new builds, pre-construction condos, and first-time buyer scenarios.

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Short answer

Other calculators estimate one line item. This site is built around the closing-cash question: how much money an Ontario buyer may need available at closing after rebate timing, land transfer taxes, insured-mortgage PST, legal/title costs, Tarion, builder adjustments, deposits, and development charges are combined.

What the first calculator covers

The first tool combines the major new-build closing cash drivers that buyers usually have to piece together from separate rebate, tax, insurance, and builder paperwork sources.

  • GST/HST rebate eligibility and timing.
  • Ontario and Toronto land transfer tax with first-time buyer relief.
  • CMHC mortgage insurance premium and Ontario PST on the premium.
  • Editable legal, title, Tarion, adjustment, levy, and development charge assumptions.

Why rebate timing matters

A rebate credited by the builder can reduce the cash wired at closing. A rebate claimed after closing may still be valuable, but it can leave the buyer needing more money up front.

Why Toronto gets its own page

Toronto buyers can face both Ontario land transfer tax and Toronto municipal land transfer tax, so the municipal amount deserves its own estimate and internal links.

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