Buyer Tools
BC Home Buying Cost Calculator
Estimate the full cost of buying a home on Vancouver Island — your monthly mortgage payment, BC Property Transfer Tax (with first-time and newly-built exemptions), GST on new construction, and total cash to close. Built on current BC thresholds, not a national black-box estimate.
Toggle to enter as % or $ — the other field updates automatically.
We don't guess a rate — talk to a broker for current Island rates and what you'd actually qualify for.
Estimate
Monthly mortgage
—
Enter a rate to see the payment.
Loan amount
$850,000 − $170,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$186,500
Down payment + PTT + GST + legal estimate.
Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.
Want a real rate?
Connect with a local mortgage broker for current rates and what you'd actually qualify for.