Cost-of-living & major-purchase planner · Québec 2026 tax · figures in CAD

Property & Mortgage financing

Rate is divided by the number of payments per year (nominal). Real Canadian mortgages compound semi-annually, so lender figures may differ by a few dollars.

Upfront / one-time costs

Everything you pay once to complete the purchase. Down payment is added automatically from the financing above.

ItemAmount
Down payment (10%)
Total upfront cost

Household income gross → net

Enter each earner's gross salary; the tool deducts federal + Québec income tax and payroll (QPP, EI, QPIP) to get take-home. Switch a row to “Net” if you'd rather type an exact after-tax figure.

SourceAmountPerTypeNet / yr
Gross income
Income tax + payroll deductions
Net take-home income
Estimate using 2026 Québec-resident rates (incl. 16.5% federal abatement, QPP/QPP2, reduced Québec EI, QPIP). Verify against a real pay stub; tune by switching a row to “Net”.

Property & school tax Québec

Québec school tax is a single province-wide rate: (municipal evaluation − $25,000 exemption) × rate. Municipal tax varies by city/borough — enter your annual amount.

2025–26 Québec school-tax rate is about $0.092 per $100. Base is the municipal evaluation (standardized assessment can differ slightly). Both amounts flow into your expenses below.

Recurring living expenses

Enter each cost at whatever cadence is natural (weekly groceries, monthly phone, annual insurance) — everything is normalised to a yearly total. Mortgage and property tax are added automatically.

ExpenseAmountPerAnnual
Mortgage payment
School tax/ year
Municipal tax/ year
Total expenses (incl. mortgage & tax)

Compare properties optional

Enter a few candidate homes to compare their mortgage & monthly carrying cost using your financing assumptions above. Taxes column auto-fills school tax at your rate; edit to add municipal.

Label / addressPriceMuni eval YearTaxes /yr DownMortgage Monthly
mortgage+tax

Summary

Net savings per year
Expenses Savings
Cash flow (per year)
Gross income
Taxes & deductions
Net take-home
Living expenses
Net savings
Where the money goes
Biggest lines
Purchase & cash
Mortgage loan
Mortgage paymentbi-weekly
Total upfront cost
Cash available
Free balance after purchase
Cash at end of year 1 free balance + a year of savings