Free calculator · By Province
Mortgage Calculator — Quebec
Estimate your Quebec mortgage payment and Quebec land transfer tax, with first-time buyer treatment, in one place. Enter your own rate — no rate is assumed.
Mortgage payment calculator for Quebec
Work out your monthly, bi-weekly, or weekly payment on a home in Quebec. Canadian fixed-rate mortgages are compounded semi-annually, not monthly, so this calculator converts your annual rate into the effective rate for the frequency you choose — the same way a Canadian lender does. No rate is assumed for you: enter the rate you have been offered.
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Estimates only. Not a quote, pre-approval, or approval. Lenders apply their own criteria and rounding.
Quebec land transfer tax calculator
Municipal transfer duties (the welcome tax) are based on the highest of the price paid, the stated price or market value: 0.5% up to $62,900; 1% from $62,900 to $315,000; and 1.5% above $315,000 (2026 brackets). Municipalities may set a higher rate above $500,000 (up to 3%, except Montreal). Quebec's transfer duty (the 'welcome tax') is levied by the municipality, and municipalities may set a higher rate above $500,000.
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Estimates only. Land transfer tax rules and rebates change. Confirm the current brackets and your eligibility with the Quebec government before you close.
How this is calculated
Payments. A Canadian fixed-rate mortgage is compounded semi-annually, so the effective rate for each payment period is i = (1 + annual rate ÷ 2)2/f − 1, where f is the number of payments per year (12, 26, or 52). The payment is P = L × i ÷ (1 − (1 + i)−n), where L is the mortgage amount and n is the total number of payments. At 0% interest the payment is simply L ÷ n.
Land transfer tax. The tax is tiered: 0.5% up to $62,900; 1.0% up to $315,000; 1.5% above the last bracket. Each bracket applies only to the portion of the price inside it.
What to check before you buy in Quebec
- Get a mortgage pre-approval so you know your budget before you shop.
- Check what the federal stress test does to the maximum price you qualify for.
- Budget the one-time costs with the closing costs calculator.
- If this is your first home, review first-time buyer programs and the minimum down payment rules.
- Compare the mortgage rules for Quebec and the affordability calculator.
What this estimate leaves out
- Mortgage default insurance, which applies when the down payment is under 20% (see the CMHC calculator).
- Property taxes, heating, condo fees, and home insurance, which lenders count toward your GDS and TDS ratios.
- Legal fees, title insurance, appraisal, and adjustments — see closing costs.
- Lender-specific fees, rate changes on a variable mortgage, and any prepayment penalty.