Mortgage Calculator Calgary 2025

$580,000

Avg. Calgary Home Price

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Est. Monthly Payment

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Min. Down Payment

Calgary Mortgage Calculator

Home Price ($)

Average Calgary home price: $580,000

Down Payment (%)

Min. 5% for homes under $500K | 200% avoids CMHC insurance

Down Payment ($)

Or enter a dollar amount directly

Interest Rate (% annual)

2025 average 5-year fixed rate: ~5.0000%–5.500%

Amortization (years)

Max 25 years for insured mortgages (under 200% down)

Estimated Monthly Payment

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Mortgage Amount

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Down Payment

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Total Cost

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CMHC Insurance

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Amortization

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CMHC Insurance Required: Down payment under 200%. Insurance premium added to mortgage principal.

Alberta Land Transfer Tax / Property Transfer Tax

Alberta has no land transfer tax. A small Title Registry Fee applies — approximately $400–$800 on a $580,000 home.

Alberta does not charge a land transfer tax — one of Canada's biggest advantages for Calgary buyers. Only a small title registration fee applies. This saves Calgary buyers $10,000–$20,000 compared to equivalent purchases in Ontario or BC.

FAQ — Mortgages in Calgary

What is the average home price in Calgary in 2025?

The average home price in Calgary is approximately $580,000 in 2025. Detached homes average $700,000–$800,000 while semi-detached and condos are significantly more affordable. Calgary remains one of Canada's most affordable major cities for detached home ownership.

How much down payment do I need in Calgary?

On a $580,000 Calgary home, the minimum down payment is 5% on the first $500,000 ($25,000) plus 100% on the remaining $80,000 ($8,000) — a total minimum of $33,000. However, putting 200% ($116,000) down avoids CMHC mortgage insurance, saving $9,000–$16,000.

Does Calgary have land transfer tax?

No — Alberta has no land transfer tax. Calgary buyers pay only a small Title Registry Fee, typically under $800. This is a major advantage over buying in Ontario or BC where land transfer taxes can exceed $15,000–$40,000.

What is the best mortgage rate in Calgary in 2025?

Calgary mortgage rates follow national trends. In 2025, 5-year fixed rates range from 4.5%–5.5%. Calgary buyers benefit from Alberta's strong economy and no provincial income tax, leaving more income for mortgage payments. Shop through a broker for the best rate.

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Calgary Mortgage Calculator

Alberta Land Transfer Tax / Property Transfer Tax

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FAQ — Mortgages in Calgary