Purchase calculator
Your payment
$3,851.76per month
- Purchase price
- $750,000
- Down payment (10%)
- $75,000
- Mortgage before insurance
- $675,000
- Mortgage insurance (3.1%)
- $20,925
- Total mortgage
- $695,925
Closing costs · Victoria, British Columbia
- Property transfer tax
- $13,000
- Legal fees, incl. tax
- $2,016
- Appraisal
- $0
- Home inspection
- $500
- Miscellaneous title insurance, strata and property tax adjustments, etc.
- $1,000
- Total closing costs
- $16,516
Cash needed to close Down payment plus closing costs$91,516
Property tax, estimated Victoria's 2026 residential rate on the purchase price$4,242/yr$353/mo
For informational purposes only. Insurance premiums use CMHC's rates and are added to the mortgage. Assumes the rate stays the same for the full amortization. Exemptions depend on eligibility rules set by each province.