Calgary closing costs and cash to close

Land Titles fees, the property tax adjustment for your possession date, GST on new builds, and your own estimates.

Home type
10.0% of the price. Minimum for this price: $45,600 (5% to $500,000, 10% above, 20% at $1.5M).
Example: Bank of Canada average on new insured 5-year fixed mortgages, 4.12% (2026-08). Use your own quote.
Amortization
30 years with less than 20% down only for first-time buyers or new builds (since Dec 15, 2024).

Sets the property tax adjustment. Calgary's tax year is January to December; bills are due June 30.

Our example: $1,500 lawyer + $300 title insurance + $550 inspection. Get quotes.
Cash you need on closing day$74,021$70,600 down payment + $3,421 in closing costs and adjustments.
Cash to close
Down payment$70,600
Land Titles: transfer of land$50 + $5 per $5,000 of value$760.00
Land Titles: mortgage registration$50 + $5 per $5,000 registered$710.00
Property tax adjustment (seller credits you)2027's tax isn't paid yet, so the seller credits you 31 of 365 days and you pay the bill when due.−$398.74
Legal, title insurance, inspection, moving (your estimate)$2,350.00
Cash to close$74,021
Land Titles fees
$1,470.00
transfer + mortgage
Tax adjustment
−$398.74
seller credits you
CMHC premium
$19,697
3.10%, added to the loan; no PST in Alberta

Estimate, not advice. Educational estimate only, not financial, mortgage, tax or legal advice. Lenders, insurers and governments set their own rules and can change them; confirm with a licensed professional before you decide.

Cash to close $74,021; closing costs $3,421.

Assumptions & sources

Assumptions

Calgary closing costs · Powered by CalgaryMortgageCalculator.ca · MITEY