Vancouver mortgage calculator
See the true monthly cost of any Vancouver home — paste a listing URL and get your full breakdown including BC Property Transfer Tax instantly.
See the real cost of any Vancouver home.
Paste any Realtor.ca, Zolo, or MLS listing URL.
Analyze a Vancouver listing nowVancouver housing market at a glance (2025)
Vancouver consistently ranks as Canada's most expensive housing market. Buyers face the highest household income requirements in the country plus the BC Property Transfer Tax at closing.
BC Property Transfer Tax — what Vancouver buyers pay at closing
British Columbia charges a Property Transfer Tax (PTT) on all real estate purchases. The rates are:
- 1% on the first $200,000
- 2% on $200,001 to $2,000,000
- 3% on amounts above $2,000,000
- Additional 2% on amounts above $3,000,000 (residential only)
PTT on a $1,200,000 Vancouver home
- 1% on first $200,000 = $2,000
- 2% on remaining $1,000,000 = $20,000
- Total PTT: $22,000
First-time buyer PTT exemption
Full exemption on homes up to $500,000. Partial exemption on homes $500,001 to $525,000. No exemption above $525,000. Given average Vancouver prices, most first-time buyers do not qualify for the full exemption.
Foreign buyer tax
Non-Canadian citizens and non-permanent residents pay an additional 20% Foreign Buyers Tax on top of PTT in Metro Vancouver. The federal foreign buyer ban also restricts non-residents from purchasing most residential properties until at least 2027.
Vancouver stress test — what income do you need?
To qualify for a mortgage on an average Vancouver home at $1,195,000 with 20% down ($239,000):
- Mortgage required: $956,000
- Stress test qualifying rate: 7.5%
- Required household income: approximately $215,000
- Monthly payment at actual rate (5.5%): $5,960
Vancouver consistently requires the highest household income of any Canadian city to qualify for an average-priced home.
Calculate your Vancouver mortgage instantly
Paste any Realtor.ca, Zolo, or MLS Vancouver listing URL into Smart Mortgage Calculator and get your full monthly payment, BC Property Transfer Tax, CMHC insurance if applicable, and stress test result instantly.
Vancouver mortgage affordability by area
| Area | Avg price | Min down payment | Est. monthly payment |
|---|---|---|---|
| Vancouver West | $1,800,000 | $360,000 | $9,975 |
| Vancouver East | $1,200,000 | $95,000 | $6,650 |
| North Vancouver | $1,350,000 | $120,000 | $7,480 |
| Burnaby | $1,050,000 | $80,000 | $5,815 |
| Surrey | $850,000 | $60,000 | $4,710 |
| Langley | $750,000 | $50,000 | $4,155 |
Note: Payments estimated at 5.5% rate, 25-year amortization, 20% down where applicable.
Vancouver mortgage guides
- How much mortgage can I afford in Canada?
- Minimum down payment in Canada: 2025 rules
- Fixed vs variable mortgage rates in Canada
Calculate your Vancouver mortgage instantly
Full payment breakdown, land transfer tax, CMHC insurance, and stress test in seconds.
Analyze a Vancouver listing nowMarket data and tax figures are estimates as of 2025. Always confirm current rates and rules with a licensed mortgage broker before making real estate decisions.