Real estate calculators. Find out the monthly mortgage payments, Land Transfer Tax, CMHC Mortgage Insurance premium, Mortgage affordability, Closing Costs and more! Whether you are First Time home buyer or looking to refinance your current mortgage, this Mortgage Calculator provides comprehensive calculations. For the home buyers Land Transfer Tax is one of the major Closing cost. If you are living in Toronto then you will be subject to double Land Transfer tax. The Ontario Land Transfer Tax is paid by all the residents of Ontario whereas, the residents of Toronto have to pay additional Municipal Land Transfer Tax.