Best Mortgage Offers

Ontario new-build buyers need one closing-cash number, not a separate pile of rebate, tax, and builder-cost estimates. Ontario's proposed new-build HST rebate has a simple headline: eligible homes could see relief up to $130,000. That headline is useful. It is not the same thing as the amount you may need to wire before closing. If you are buying a new build, the number that matters on closing day is usually a ledger. The rebate is one line. The rest of the ledger can include deposits still owed, land transfer tax, Toronto municipal land transfer tax, Ontario PST on CMHC insurance, legal and title costs, Tarion or warranty amounts, development charges, utility charges, reserve-fund contributions, builder adjustments, and credits. The practical question is not only "what is my rebate?" It is "how much cash might I need available when the lawyer asks for funds?" Start with the wire amount A rebate can help only if it lowers the amount due at the r...

Best Mortgage Offers is now live as an Ontario mortgage tools project. The first tool focuses on a practical closing-day problem: buyers can estimate a GST/HST rebate, land transfer tax, mortgage insurance PST, legal costs, Tarion, and builder adjustments separately, but still not know how much cash they may need to close. Our calculator brings those moving pieces into one browser-based worksheet. It is source-linked, private by default, and built for Ontario new-build buyers who need to compare builder-credit versus claim-later rebate timing. Start here: Ontario HST rebate and cash-to-close calculator .