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 | $15,728 | $2,538 | $7,191 | $6,000 | $0 | $637,462 |
2027 | $62,913 | $10,441 | $28,472 | $24,000 | $0 | $627,021 |
2028 | $62,913 | $10,921 | $27,993 | $24,000 | $0 | $616,100 |
2029 | $62,913 | $11,423 | $27,491 | $24,000 | $0 | $604,677 |
2030 | $62,913 | $11,947 | $26,966 | $24,000 | $0 | $592,730 |
2031 | $62,913 | $12,496 | $26,417 | $24,000 | $0 | $580,234 |
2032 | $62,913 | $13,070 | $25,843 | $24,000 | $0 | $567,163 |
2033 | $62,913 | $13,671 | $25,243 | $24,000 | $0 | $553,493 |
2034 | $62,913 | $14,299 | $24,615 | $24,000 | $0 | $539,194 |
2035 | $62,913 | $14,956 | $23,958 | $24,000 | $0 | $524,238 |
2036 | $62,913 | $15,643 | $23,271 | $24,000 | $0 | $508,596 |
2037 | $62,913 | $16,361 | $22,552 | $24,000 | $0 | $492,234 |
2038 | $62,913 | $17,113 | $21,800 | $24,000 | $0 | $475,121 |
2039 | $62,913 | $17,899 | $21,014 | $24,000 | $0 | $457,222 |
2040 | $62,913 | $18,721 | $20,192 | $24,000 | $0 | $438,501 |
2041 | $62,913 | $19,581 | $19,332 | $24,000 | $0 | $418,919 |
2042 | $62,913 | $20,481 | $18,432 | $24,000 | $0 | $398,438 |
2043 | $62,913 | $21,422 | $17,491 | $24,000 | $0 | $377,016 |
2044 | $62,913 | $22,406 | $16,507 | $24,000 | $0 | $354,610 |
2045 | $62,913 | $23,435 | $15,478 | $24,000 | $0 | $331,175 |
2046 | $62,913 | $24,512 | $14,401 | $24,000 | $0 | $306,663 |
2047 | $62,913 | $25,638 | $13,275 | $24,000 | $0 | $281,025 |
2048 | $62,913 | $26,816 | $12,098 | $24,000 | $0 | $254,209 |
2049 | $62,913 | $28,048 | $10,866 | $24,000 | $0 | $226,161 |
2050 | $62,913 | $29,336 | $9,577 | $24,000 | $0 | $196,824 |
2051 | $62,913 | $30,684 | $8,229 | $24,000 | $0 | $166,140 |
2052 | $62,913 | $32,094 | $6,820 | $24,000 | $0 | $134,047 |
2053 | $62,913 | $33,568 | $5,345 | $24,000 | $0 | $100,479 |
2054 | $62,913 | $35,110 | $3,803 | $24,000 | $0 | $65,368 |
2055 | $62,913 | $36,723 | $2,190 | $24,000 | $0 | $28,645 |
2056 | $47,185 | $28,645 | $540 | $18,000 | $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.