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Monthly Carrying Cost Calculator

Estimate the monthly carrying cost of a property: mortgage, property tax, condo fees, insurance, utilities, and upkeep.

Start calculating
  • No sign-up
  • Instant results
  • Restores your last inputs

1. Enter your numbers

Start with the assumptions you know.

2. Adjust the scenario

Change one input to see what matters.

3. Review the result

Use the estimate to compare and prepare.

Costs of holding the property
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What it costs each month

Monthly carrying cost

$4,388

$52,659 per year

Mortgage share

$3,418

Principal and interest only

Mortgage payment
$3,418
Property tax
$433
Home insurance
$117
Utilities
$220
Repairs & upkeep
$200
Total per month
$4,388

Estimates only. Figures are for planning purposes and are not financial, tax, or legal advice. Confirm all numbers with your lender, lawyer, and accountant.

Cost breakdown

Related real estate calculators

Preconstruction Deposit Schedule CalculatorDeposit amounts and due dates across the build timeline.Refinance & Mortgage Renewal CalculatorCompare your current mortgage against a new rate, with break-even.Down Payment PlannerHow long until the down payment goal is funded.

About this carrying cost calculator

Use this free Canadian real estate calculator to explore scenarios before speaking with a lender, REALTOR®, lawyer, accountant, or other qualified professional. Results are estimates and should not replace professional advice.