Alberta closing costs calculator 2026.

Alberta land title fees (as of October 2026)

Alberta has no land transfer tax. Land Titles charges $50 plus $5 for each $5,000 or portion thereof, once on the value of the land transferred and once on the mortgage amount registered. Source: Service Alberta, in force for submissions from October 20, 2024 (previously $2 and $1.50 per $5,000). Legal fees, title insurance, inspection and appraisal are separate. The first-time buyer toggle makes no difference in Alberta because there is no transfer tax to rebate.

Worked example: $500,000 in Alberta

Price $500,000, mortgage $400,000 (20% down). Transfer: 100 blocks of $5,000 x $5 + $50 = $550. Mortgage: 80 blocks x $5 + $50 = $450. Total registration fees $1,000. With default estimates (legal $1,800, title insurance $350, inspection $500, appraisal $350) the cash to close is about $4,000 beyond the down payment. With less than 20% down you would also have a CMHC premium, normally added to the mortgage.

Insured vs uninsured: the CMHC premium

With less than 20% down the mortgage must be insured. The premium is a percentage of the loan by loan-to-value: 0.60% (up to 65%), 1.70% (65.01–75%), 2.40% (75.01–80%), 2.80% (80.01–85%), 3.10% (85.01–90%) and 4.00% (90.01–95%), per CMHC’s premium table. This calculator shows the premium separately because it is normally added to the mortgage rather than paid in cash. The 30-year amortization surcharge and non-traditional down payment rate are not modelled. Ontario, Quebec and Saskatchewan also charge provincial sales tax on the premium, due in cash; that does not apply to Alberta in this tool. See the CMHC premium calculator.

GST on new builds

New homes are generally subject to 5% federal GST, usually quoted in the builder’s contract and sometimes included in the price; rebates may apply. Confirm with the builder and the CRA GST/HST guidance. When you tick “Newly built home” this tool adds 5% of the price you entered as GST, before any rebate, so enter the price excluding GST.

Sources and as-of dates

• Service Alberta: Register a land title document or plan ($5 per $5,000 for transfers and mortgages from October 20, 2024).
• Land Titles Act, Alberta King’s Printer, s. 64.1(2) and s. 102.1(2) ($50 plus $5 per $5,000 or portion thereof).
• Legal, title insurance, inspection and appraisal ranges: TNAADO planning estimates, October 2026. Not published rates.

Related: mortgage payment, land transfer tax, CMHC premium, down payment.

Alberta closing costs FAQ

How much are closing fees in Alberta?

On a $500,000 home with a $400,000 mortgage the Land Titles fees are $550 for the transfer plus $450 for the mortgage, $1,000 in total. Add legal fees, title insurance, inspection and appraisal and a typical total is a small share of the price, since there is no land transfer tax.

Are closing costs tax deductible?

Generally not for your own home. They are not deductible against employment income, though some costs can be added to the property’s cost base. For a rental property some costs may be deductible or added to cost base. Check CRA guidance or ask an accountant.

Who pays closing costs in Alberta?

The buyer pays the land title registration fees for the transfer and for the new mortgage, plus their own legal fees and title insurance. The seller typically pays commission and mortgage discharge costs. Property tax adjustments are shared by the possession date.

When are closing costs due?

Your lawyer needs the funds in trust before the possession date so the transfer and mortgage can be registered at Land Titles. Only the deposit is paid earlier.

Is there a land transfer tax in Alberta?

No. Alberta charges registration fees instead: $50 plus $5 for each $5,000 or portion thereof of the value, on the transfer and again on the mortgage amount, for submissions on or after October 20, 2024.