Buyers Guide
Costs
What costs are associated with purchasing a home?
When you buy a home, you will be asked for a down payment, usually between 5 and 25% of the total price of the property. You might also have a number of other fees and expenses to pay.
Some of the most common expenses are listed below. These expenses may vary, depending on your area:
| Expense | Paid |
|---|---|
| Mortgage application and appraisal fee |
At time of application |
| House inspection (optional) |
At time of application |
| Legal fees | Closing |
| Legal disbursements | Closing |
| Deed and/or mortgage registration | Closing |
| Property survey (sometimes provided by the seller) |
Closing |
| Land Transfer Taxes by province | Closing |
| Property tax adjustments | Closing |
| Fuel adjustments | Closing |
| Mortgage insurance | Closing |
| Title insurance | Closing |