Run your own numbers. No bank, no waiting, no obligation.
Estimate your exact monthly payment on any owner-financed land purchase — enter any price, any interest rate, as little as 10% down, and a term you choose from 12 to 96 months. Free to use, no signup, full amortization schedule included.
Enter any purchase price, down payment, interest rate, and term to see exactly what it costs to finance.
| Month | Payment | Principal | Interest | Balance |
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Estimates only, based on the price, rate, and term you enter, calculated on the declining balance. Sales tax is estimated using the standard GST/HST rate for the province selected — provincial sales tax (BC, SK, MB) generally doesn't apply to raw land, but Quebec's QST does, on top of GST. This tool works for any owner-financing or seller-financing scenario — if you're buying from Firmground specifically, contact our team to confirm the exact terms and tax treatment of your agreement.
The same math the calculator runs above, laid out step by step so you can see exactly where each number comes from.
This example excludes sales tax to keep the math simple to follow. GST/HST is due on top of the purchase price in every province — select a province in the calculator above to see it added in.
The questions people ask most before running their first calculation.
Whatever rate applies to your actual deal — owner-financing rates are set individually by each seller and vary by property, term, and negotiation, so there's no single "standard" number to plug in. If you already have an offer or agreement in hand, use the rate it states; if you're just exploring, try a few different rates side by side to see how sensitive your payment is to each one.
10% is the minimum on every property Firmground sells. You can put down more — 15%, 20%, 25%, or 30% — to reduce your financed balance and monthly payment; the calculator above lets you compare each instantly.
Usually, yes. The CRA's exemption for casual land sales only covers individuals selling land that isn't used in a business — it doesn't apply to a business or company that regularly buys and sells land, so those sales are a taxable supply. The rate depends on the province where the land sits: 5% GST in Alberta, British Columbia, Manitoba, Saskatchewan, and the territories; 13–15% HST in Ontario, Nova Scotia, New Brunswick, Newfoundland & Labrador, and PEI; and in Quebec, 5% GST plus 9.975% QST on top. Select your province in the calculator above to see it estimated automatically — but confirm the exact tax treatment with the seller or a tax professional before you rely on it.
Anywhere from 12 to 96 months, or a custom term outside that range — you choose the schedule that fits your budget, and you can pay off the balance early at any time with no prepayment penalty.
No — the math is a standard fixed-rate amortization calculation that works for estimating any owner-financing or seller-financing deal, at whatever price, rate, and term you enter. If you're buying from Firmground, plug in the rate and term from your specific purchase agreement to get an exact match.
Not necessarily in rate — but it skips the credit check, income verification, and approval risk a bank requires. See our Owner Financing vs. The Bank guide for a full side-by-side comparison, not just the rate.
Because interest is charged on whatever balance is still outstanding, and that balance is at its highest right at the start of your term. Every payment reduces it a little more, so later payments shift steadily toward principal — visible month by month in the full amortization schedule above.
This FAQ covers the calculator itself. For questions about legal structure and title, credit checks, missed payments, non-resident buying, and more, see our full Frequently Asked Questions.
The full terms, process, and legal structure behind every Firmground agreement.
A direct comparison of cost, speed, and approval odds.
What happens — legally and practically — once your balance hits zero.
What raw land actually costs per acre, by province and type.
The numbers above are estimates — browse current listings to run the calculator against a real, available parcel.