BC Real Estate Calculators
What a place costs to own, what you walk away with when you sell, what a move leaves you, and whether a rental carries itself.
Typical 5-year fixed: 4.31%, Nov 5
Notes: what these figures assume
Property tax, insurance, strata and utilities are all modelled from price and property type. They are estimates, not quotes, and a real premium or strata fee can vary a long way from them, insurance especially, because it is priced on what the structure costs to rebuild rather than on what the property sells for. Treat them as a starting point and get real figures before you rely on them. Mortgage figures are different: those use Canadian semi-annual compounding, so they match what a lender will tell you.
Mortgage, property tax, insurance and utilities: the cost of living there, not just the payment.
$1,300,000 house · 20% down · 4.31% over 25 years
Made up of
Once, at closing
Over the whole mortgage
Buying
- Property transfer taxThe tax on a BC purchase, with first-time buyer, newly built and foreign buyer rules.
- What you can affordThe most a lender will approve, as a mortgage and a price.
- Cash to closeEverything due on completion day, in one number.
- Rent vs. buyWhether buying or renting leaves you better off.
- Mortgage paymentYour payment on the compounding Canadian lenders use.
Selling
Notes: estimates only, and where the numbers come from
Estimates only: your notary, lawyer, mortgage broker or REALTOR® computes the final values on the Statement of Adjustments. Rates and thresholds come from the BC Real Estate Codex and are checked against www2.gov.bc.ca and bclaws.gov.bc.ca, and for mortgage rules against CMHC and the Office of the Superintendent of Financial Institutions.