| 3.75% | 1 Year | 2.54% |
| 4.05% | 2 Years | 2.49% |
| 4.60% | 3 Years | 2.89% |
| 5.29% | 4 Years | 2.99% |
| 5.78% | 5 Years | 3.25% |
| 6.10% | 6 Years | 4.60% |
| 6.60% | 7 Years | 4.59% |
| 6.70% | 10 Years | 4.99% |
| 3.00% | VRM 5 Years | 2.90% |
| 4.05% | Open Rate | 3.80% |
| 3.00% | Prime Rate | 3.00% |
| 6.00% | 5 Years 5% cash back | 5.29% |
| 5.29% | 0% Down Payment | 5.29% |
*Rates are subject to change without notice. *Conditions Apply
*OAC
Mortgage Transit Inc. Brokerage#11923Send Email!TEL: (905)237-5345 FAX: (905)237-5441
|
How to calculate Land Transfer Tax .
Ontario Land Transfer Tax
0.5% - on the first $55,000
1.0% - on portion between $55,000 - $250,000
1.5% - on balance over $250,000
2.0% - on anything over $400,000
Qualifying first time buyers receive a $2000 credit
Toronto Land Transfer Tax
0.5% - on the first $55,000
1.0% - on portion between $55,000 - $400,000
2.0% - on anything over $400,000
First time buyers are exempt on the first $400,000
http://www.toronto.ca/taxes/mltt.htm
|