Mortgage
Land transfer tax
First-time buyer
Lease or purchase
True cost
Sell or buy first
Net proceeds
Mortgage penalty
Home valueFirst-time buyer calculators.
Three tools in one: how long until you can buy, what CMHC insurance costs, and how to use the FHSA and Home Buyers’ Plan to boost your down payment.
Your goal
How long until you can buy?
Your purchase
Under 20% down means mortgage default insurance.
Your accounts
Two government programs can fund your down payment.
Estimates only. Rates, rules and fees change and your lender, lawyer and tax adviser have the final word â please confirm before you rely on any number. FHSA: $8,000 a year, $40,000 lifetime, with up to $8,000 of unused room carried forward (so up to $16,000 in a year). HBP: up to $60,000 per person, repaid over 15 years; for first withdrawals from 2026 to 2028 repayments start in the fifth year after you withdraw. Confirm details with the CRA or an adviser.
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More free tools
Keep going. Every calculator is free and built for Ontario.
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Answer five quick questions and see how much home you could afford in Durham Region. Then book a free 20-minute buyer game plan with Cheryl and Charlie.