Manitoba Mortgage Calculator
Calculate your Manitoba mortgage payment with CMHC premiums and land transfer tax.
Useful for home buyers in Winnipeg, Brandon, Steinbach, Thompson, Portage la Prairie, and all of Manitoba.
Useful for home buyers in Winnipeg, Brandon, Steinbach, Thompson, Portage la Prairie, and all of Manitoba.
Why use a Manitoba Mortgage Calculator?
Manitoba has a land transfer tax, registration costs, and CMHC insurance. This calculator estimates your payment, CMHC premium, and closing costs.
Manitoba has a land transfer tax, registration costs, and CMHC insurance. This calculator estimates your payment, CMHC premium, and closing costs.
Result
Enter your details to see the estimated payment here.
Related Calculators
Manitoba Land Transfer Tax: Manitoba charges a land transfer tax based on the property value. The rate increases with the price bracket. For example, a $400,000 home pays $4,650 in land transfer tax. Registration fee is $85.
Average Home Prices in Major Manitoba Cities (2024)
| City | Detached | Semi-Detached | Townhouse | Condo |
|---|---|---|---|---|
| Winnipeg | $390,000 | $320,000 | $300,000 | $240,000 |
| Brandon | $320,000 | $260,000 | $240,000 | $200,000 |
| Steinbach | $310,000 | $250,000 | $230,000 | $190,000 |
| Thompson | $250,000 | $200,000 | $180,000 | $150,000 |
| Portage la Prairie | $270,000 | $220,000 | $200,000 | $160,000 |
Source: CREA, 2024 estimates. Prices are approximate and may vary.
Frequently Asked Questions (FAQ)
Yes, Manitoba charges a land transfer tax based on the property value. The rate increases with the price bracket.
Typical closing costs include the land transfer tax, registration fee, legal fees, and CMHC insurance (if applicable).
Manitoba does not offer a provincial land transfer tax rebate, but federal programs may be available for first-time buyers.