HBP Repayment Calculator
Track your Home Buyers Plan RRSP repayment schedule over 15 years.
2026 Tax YearData stays on your deviceUpdated Apr 1, 2026
$
Maximum: $60,000
$
Annual Repayment Required
$2,333.33
Remaining Balance
$35,000.00
Years Left
13
Monthly Equivalent
$194.44
If spreading over 12 months
Amount Repaid
$0.00
of $35,000.00
Important: If you do not make your required annual repayment, the missed amount is added to your taxable income for that year. You lose the RRSP room permanently.
Frequently Asked Questions
How does HBP repayment work?
You must repay the RRSP withdrawal over 15 years, starting the 2nd year after withdrawal. Each year, 1/15 of the original amount must be repaid. If you miss a payment, that amount is added to your taxable income.
What is the maximum HBP withdrawal?
You can withdraw up to $60,000 from your RRSP under the HBP (increased from $35,000 in 2024).
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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