First-Time Home Buyer Calculator
See all grants, credits and programs available for first-time buyers in Canada.
2026 Tax YearData stays on your deviceUpdated Apr 1, 2026
$
Total Direct Benefits
$5,500.00
Tax credits and rebates
Available Programs
| FHSA Tax-free savings for down payment | Up to $40,000.00 |
| Home Buyers Plan (HBP) RRSP withdrawal (repay over 15yr) | Up to $60,000.00 |
| Home Buyers Tax Credit Federal non-refundable credit | $1,500.00 |
| LTT Rebate (ON) Provincial first-time buyer rebate | $4,000.00 |
Maximum Down Payment from Registered Accounts
$100,000.00
FHSA ($40,000.00) + HBP ($60,000.00)
Frequently Asked Questions
What programs are available?
FHSA ($40K tax-free savings), HBP ($60K RRSP withdrawal), Home Buyers Tax Credit ($1,500), provincial LTT rebates, and GST/HST new housing rebate for new construction.
Can I use FHSA and HBP together?
Yes! You can use both for the same home purchase, giving you access to up to $100,000 in registered savings for your down payment.
Official Data Sources
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Built and reviewed by Konstantin Iakovlev · Data from CRA, CMHC, Bank of Canada · MethodologyDisclaimer: This calculator provides estimates based on publicly available data from CRA and other government sources. It does not constitute financial advice. Consult a qualified advisor for decisions about your specific situation.
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