Alberta mortgage calculator
Compare Alberta mortgage scenarios with no land transfer tax, land title registration fees, and zero CMHC PST. Pre-loaded Calgary and Edmonton tabs with Ontario savings comparison.
Mortgage Terms
Monthly Homeowner Expenses
Extra Payments
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Amortization Schedule
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| Payment Date | Total | Principal | Interest | Expenses | Extra | Balance |
|---|---|---|---|---|---|---|
2026 | $36,700 | $5,966 | $16,733 | $14,000 | $0 | $634,034 |
2027 | $62,913 | $10,599 | $28,315 | $24,000 | $0 | $623,435 |
2028 | $62,913 | $11,086 | $27,828 | $24,000 | $0 | $612,349 |
2029 | $62,913 | $11,595 | $27,319 | $24,000 | $0 | $600,754 |
2030 | $62,913 | $12,128 | $26,786 | $24,000 | $0 | $588,627 |
2031 | $62,913 | $12,685 | $26,229 | $24,000 | $0 | $575,942 |
2032 | $62,913 | $13,267 | $25,646 | $24,000 | $0 | $562,675 |
2033 | $62,913 | $13,877 | $25,036 | $24,000 | $0 | $548,798 |
2034 | $62,913 | $14,514 | $24,399 | $24,000 | $0 | $534,283 |
2035 | $62,913 | $15,181 | $23,732 | $24,000 | $0 | $519,102 |
2036 | $62,913 | $15,879 | $23,035 | $24,000 | $0 | $503,223 |
2037 | $62,913 | $16,608 | $22,305 | $24,000 | $0 | $486,615 |
2038 | $62,913 | $17,371 | $21,542 | $24,000 | $0 | $469,244 |
2039 | $62,913 | $18,169 | $20,744 | $24,000 | $0 | $451,075 |
2040 | $62,913 | $19,004 | $19,910 | $24,000 | $0 | $432,071 |
2041 | $62,913 | $19,877 | $19,037 | $24,000 | $0 | $412,194 |
2042 | $62,913 | $20,790 | $18,123 | $24,000 | $0 | $391,404 |
2043 | $62,913 | $21,745 | $17,168 | $24,000 | $0 | $369,659 |
2044 | $62,913 | $22,744 | $16,169 | $24,000 | $0 | $346,915 |
2045 | $62,913 | $23,789 | $15,125 | $24,000 | $0 | $323,126 |
2046 | $62,913 | $24,882 | $14,032 | $24,000 | $0 | $298,244 |
2047 | $62,913 | $26,025 | $12,889 | $24,000 | $0 | $272,219 |
2048 | $62,913 | $27,220 | $11,693 | $24,000 | $0 | $244,999 |
2049 | $62,913 | $28,471 | $10,443 | $24,000 | $0 | $216,528 |
2050 | $62,913 | $29,779 | $9,135 | $24,000 | $0 | $186,749 |
2051 | $62,913 | $31,147 | $7,767 | $24,000 | $0 | $155,602 |
2052 | $62,913 | $32,578 | $6,336 | $24,000 | $0 | $123,024 |
2053 | $62,913 | $34,074 | $4,839 | $24,000 | $0 | $88,950 |
2054 | $62,913 | $35,640 | $3,274 | $24,000 | $0 | $53,310 |
2055 | $62,913 | $37,277 | $1,636 | $24,000 | $0 | $16,033 |
2056 | $26,214 | $16,033 | $181 | $10,000 | $0 | $0 |
$5,243 monthly payment
MONTHLY PAYMENT
Closing cost estimate for CALC 1
Cash due at closing beyond your down payment of $160,000 on $800,000. Alberta has no land transfer tax. Ontario provincial LTT on the same price would be $12,475 ($11,625 saved here).
| Line item | Amount |
|---|---|
| Land title registration fee | $850 |
| Ontario LTT comparison (same price) | $12,475 |
| Toronto combined LTT comparison | $24,950 |
| CMHC premium PST | $0 |
| Legal fees | $1,750 |
| Title insurance | $325 |
| Home inspection | $500 |
| Closing adjustments | $1,750 |
| Total beyond down payment | $5,175 |
Alberta rules and closing costs
No land transfer tax: what Alberta buyers save at closing
Alberta does not charge provincial land transfer tax on home purchases. Buyers pay a land title registration fee instead: $50 plus $5.00 per $5,000 of property value. On the Calgary tab at $700,000, that fee is $750. Edmonton at $550,000 runs $600. On the same $700,000 purchase in Ontario, provincial land transfer tax alone is $10,475 before rebates, and Toronto buyers would pay that amount twice. The closing cost panel above shows you save $9,725 versus Ontario provincial LTT, or $20,200 versus a Toronto dual-tax purchase at the same price.
Both pre-loaded tabs use 10% down with CMHC insurance at 5.20% fixed over 25 years. Calgary property taxes are modeled at 0.65% of value; Edmonton at 0.70%. Because Alberta has no provincial sales tax, there is zero PST on the CMHC premium at closing. On Calgary, a $19,530 premium rolls into the mortgage with no additional cash charge, unlike Ontario (8% PST) or BC (7% PST). Legal fees, title insurance, and home inspection still apply in Alberta as separate closing-day costs.
The mortgage stress test applies at federally regulated lenders province-wide, so qualifying rate rules are identical to Ontario and BC. What changes is the cash stack at the lawyer's office. Compare the Calgary and Edmonton tabs to see how a higher Calgary purchase price affects insured monthly payments even when closing fees stay low. Adjust the down payment or rate in the calculator to match your own pre-approval numbers.
Sources: Government of Alberta, "Register a land title document or plan," accessed June 2026. URL: https://www.alberta.ca/register-land-title-document-plan. See also our Alberta mortgage guide.