A new website, ClosingCosts.ca allows homebuyers to accurately calculate their closing costs, compare quotes from home inspectors and real estate lawyers, and connect with the service providers directly.

Using inputs from homebuyers – such as purchase price, postal code and square footage – the site pulls real-time quotes from home inspectors and real estate lawyers that are added to the land transfer tax and mortgage insurance fees associated with the purchase. The closing costs calculator also generates a calendar of when each closing cost may be incurred.

ClosingCosts.ca is part of a portfolio of websites that includes RateHub.ca, which the company says gives Canadians full financial clarity on the home buying process.

Similar to Closing.com in the U.S., ClosingCosts.ca is the first closing cost lead generation site to launch in Canada, the company says. It is currently a pilot project in the Greater Toronto Area and will be followed by a country-wide rollout, the company says.