Alberta mortgage rates & closing costs
Mortgage rates in Alberta match the rest of Canada — no lender prices Calgary or Edmonton differently. The good news for Alberta buyers is on the closing side: the province charges no land transfer tax at all, only a small land titles registration fee. That makes Alberta one of the cheapest places in the country to close on a home. Here are the verified national offers and what the modest fee actually costs.
Mortgage rates are national, not provincial
No Canadian lender quotes a different rate in Alberta than it does anywhere else in the country — a five-year fixed in Alberta is the same number it offers nationwide. So the verified offers below apply to Alberta buyers exactly as they do across Canada. What genuinely changes by province is the cost of closing — above all, the registration fee.
Verified national mortgage rates
Verified at the source · July 30, 2026| Lender | Product | Rate | Type | |
|---|---|---|---|---|
| Nesto | 5-yr fixed · insured | 4.09% | special | source |
| DUCA | 5-yr fixed · insured high-ratio | 4.14% | special | source |
| First National | 5-yr fixed · insured · conventional 4.84 | 4.49% | posted | source |
| Tangerine | 5-yr fixed | 4.49% | special | source |
| TD | 5-yr fixed | 4.84% | special | source |
| BMO | 5-yr fixed · Smart Fixed — no full payout for 5 yrs except sale; insured 4.74 | 4.84% | special | source |
| National Bank | 5-yr fixed · high-ratio 4.69 | 4.84% | special | source |
| RBC | 5-yr fixed · high-ratio 4.59 | 4.89% | special | source |
| CIBC | 5-yr fixed · high-ratio 4.64 | 4.94% | special | source |
| Scotiabank | 5-yr fixed · specials not published | 6.09% | posted | source |
| Nesto | 3-yr fixed · insured | 4.14% | special | source |
| DUCA | 3-yr fixed · insured high-ratio | 4.24% | special | source |
| Tangerine | 3-yr fixed | 4.44% | special | source |
| BMO | 3-yr fixed · amortization ≤25y | 4.64% | special | source |
| TD | 3-yr fixed | 4.69% | special | source |
| National Bank | 3-yr fixed | 4.69% | special | source |
| CIBC | 3-yr fixed | 4.74% | special | source |
| RBC | 3-yr fixed | 4.74% | special | source |
| First National | 3-yr fixed | 4.94% | posted | source |
| Scotiabank | 3-yr fixed | 5.95% | posted | source |
| Nesto | 5-yr variable · insured | 3.40% | special | source |
| RBC | 5-yr variable · prime − 0.50 · high-ratio 3.65 | 3.95% | special | source |
| Tangerine | 5-yr variable | 4.00% | special | source |
| BMO | 5-yr variable · amortization ≤25y | 4.10% | special | source |
| CIBC | 5-yr variable · high-ratio flex 3.95 | 4.10% | special | source |
| National Bank | 5-yr variable | 4.10% | special | source |
| First National | 5-yr variable · prime − 0.26 · insured 3.70 | 4.19% | posted | source |
| TD | 5-yr variable · TD prime − 0.36 | 4.24% | special | source |
| Scotiabank | 5-yr variable · Flex Value | 4.90% | posted | source |
These are national offers — the same rates apply to Alberta buyers. Advertised special-offer rates for standard residential mortgages, read at each lender's own page. Insured (high-ratio) pricing is typically lower than uninsured; many lenders only advertise one. Brokers and smaller lenders frequently beat every rate in this table.
Closing costs in Alberta
Verified · June 12, 2026Alberta charges no land transfer tax. Instead, buyers pay only a land titles registration fee of $50 plus $5 per $5,000 of property value (the levy was raised in October 2024).
Because this is a flat-ish fee rather than a percentage tax, it stays small even on expensive homes — making Alberta among the cheapest provinces in Canada to close on a purchase. The worked examples below show just how modest it is.
| Purchase price | Total registration fee |
|---|---|
| $500,000 | $550 |
| $800,000 | $850 |
| $1,000,000 | $1,050 |
These are computed registration fees, not a percentage transfer tax — which is why Alberta stays inexpensive to close. For an exact figure on your own price — including first-time-buyer relief — use the land transfer tax calculator.
First-time buyer help
Alberta has no land transfer tax, so there is no first-time-buyer land transfer tax rebate — none is needed. The registration fee is the same modest amount for every buyer.
Good to know
- Alberta’s registration fee is a fixed schedule, not a percentage — it stays small even on million-dollar homes.
- CMHC pegs total closing costs at roughly 1.5%–4% of the purchase price; with no land transfer tax, Alberta buyers usually land at the low end.
- The land titles levy was raised in October 2024 — the examples below reflect the current schedule.
- Budget for legal fees, title insurance and an inspection as your main closing costs, since the registration fee itself is small.
Run the numbers for Alberta
Rates are national; your closing cost is local. Calculate exactly what you'll pay.
Frequently asked questions
Are mortgage rates different in Alberta?
No. Mortgage rates in Canada are national — lenders quote the same five-year fixed or variable rate in Alberta as anywhere else. The verified offers above apply to Alberta buyers exactly as they do across the country. Where Alberta stands out is closing cost: the province charges no land transfer tax.
Does Alberta have a land transfer tax?
No. Alberta is one of the few provinces with no land transfer tax. Buyers pay only a land titles registration fee of $50 plus $5 per $5,000 of property value, raised in October 2024. On an $800,000 home that is roughly $850 — a fraction of what a buyer would pay in Ontario or BC.
Do first-time buyers get relief in Alberta?
There is no first-time-buyer rebate because there is no land transfer tax to rebate. Every buyer pays the same small registration fee. With no transfer tax, Alberta is among the cheapest provinces in Canada to close on a home.
What are the main closing costs in Alberta?
With no land transfer tax, the largest closing costs in Alberta are usually legal fees, title insurance, a home inspection and the land titles registration fee itself. CMHC pegs total closing costs at roughly 1.5% to 4% of the purchase price, and Alberta buyers typically land at the low end of that range.
Educational content, not financial advice or a rate guarantee. Mortgage rates are national; lender specials were read at each lender's own page on the stamped date and change without notice. Land transfer tax brackets, rates and rebates verified June 12, 2026 at official government sources and computed by RetireSmarter's land-transfer-tax engine — always confirm your exact figure with your lawyer or the relevant authority before closing.