Canada · Yukon

Yukon mortgage calculator

Estimate your monthly payment in Yukon using live Bank of Canada rates and semi-annual compounding, with Yukon's estimated ~0.8% effective property tax rate. Land transfer tax and provincial programs are summarised below.

Data researched & maintained by Robinjit Singh · Last verified June 2026

Buying in Yukon

Land transfer tax

Land Title Registration Fees

One-time cost at closing — not part of the monthly payment.

Avg. home insurance

$1,200/yr

Lender-required before closing; actual premiums vary by home and insurer.

If payments fall behind

~6 mo

judicial sale is how lenders enforce in Yukon — details below.

What makes Yukon different for homebuyers

Yukon has no land transfer tax. Whitehorse has seen significant home price appreciation driven by remote workers relocating from southern Canada, creating affordability challenges relative to local incomes. Yukon's real estate market has unique characteristics — short summers compress the buying season, and some properties have permafrost considerations affecting foundations.

If you buy here

If buying in Yukon, consider permafrost investigation as part of your due diligence — particularly for properties built before modern permafrost-aware construction standards. Permafrost thaw can cause foundation settlement and is not typically covered by standard home insurance.

Land transfer tax & first-time buyer rebate in Yukon

No land transfer tax.

First-time buyer programs in Yukon

FHSA — First Home Savings Account (federal)
Home Buyers' Plan (federal)
Yukon Housing Corporation programs

Programs and their terms change — verify current availability and eligibility with the official agency before relying on any of these.

Federal programs available across Canada

First Home Savings Account (FHSA) — also called CELIAPP in Quebec
Combines RRSP-style tax deduction (contributions reduce taxable income) with TFSA-style tax-free withdrawal for a qualifying first home. The most powerful savings tool for first-time Canadian buyers.
Unused annual room carries forward up to $8,000 extra per year. Open early even if you can't contribute much immediately.
Home Buyers' Plan (HBP)
Withdraw up to $60,000 from your RRSP for a first home purchase, tax-free — but it must be repaid to the RRSP over 15 years or the unpaid amount becomes taxable income. Can be combined with the FHSA for the same purchase.
Unlike the FHSA, HBP withdrawals must be repaid. Best used when RRSP is already funded — don't contribute to RRSP just to withdraw for HBP as this rarely makes sense.
Home Buyers' Tax Credit (HBTC)
A $10,000 non-refundable tax credit for first-time home buyers, resulting in up to $1,500 in federal tax savings. Claimed on your personal tax return in the year of purchase.
First-Time Home Buyer GST/HST Rebate (Bill C-4, 2026)
Bill C-4 (Royal Assent March 12, 2026) eliminates GST on new homes up to $1 million for first-time buyers — replacing the old phasing-out rebate. Significant savings on new builds.
Applies to newly constructed homes only, not resale. Check with your builder and lawyer whether your specific purchase qualifies.
Mortgage Stress Test (Not a benefit — a requirement)
All Canadian mortgages must be qualified at the higher of 5.25% or your contract rate + 2%. This means you may qualify for less mortgage than your actual rate suggests. Non-negotiable across all federally regulated lenders.
Credit unions and some private lenders in certain provinces are not federally regulated and may not apply the stress test — but using them typically means higher rates or fees.

Limits and rules are set federally and can change with each budget — confirm the current figures with the CRA before relying on them.

Loan details

Your numbers, clearly recorded.

Canada's mortgage market has its own rules — stress tests, land transfer taxes, CMHC insurance. The Mortgage Ledger helps you understand what those mean for your actual monthly payment, before you talk to a lender.

Rates sourced from the Bank of Canada. Estimates only — not a loan offer.

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Land transfer tax, insurance & property tax in Yukon

In Yukon, home buyers pay Land Title Registration Fees (no traditional LTT). Home insurance averages about $1,200 a year, and the effective property tax rate is about 0.8% of a home's value. Full first-time-buyer and tax details are below.

Does Yukon charge a land transfer tax?

Yes — Yukon charges Land Title Registration Fees (no traditional LTT). Source: The Mortgage Ledger, 2026.

What is the average home insurance cost in Yukon?

Home insurance in Yukon averages about $1,200 a year. Source: The Mortgage Ledger, 2026.

What are property taxes in Yukon?

Yukon has an average effective property tax rate of about 0.8% of a home's value per year. Source: The Mortgage Ledger, 2026.