Mortgage Down Payment Calculator

Plan which accounts to draw your down payment from, and see the mortgage and cash you'll need. Uses Canadian rules: 20% minimum down payment, land transfer tax, and semi-annual rate compounding.

1. Available Down Payment Funds

FHSA tax-free for first home

RRSP HBP max $60,000

TFSA

Chequing

Margin

Total available

2. Property & Mortgage

Property price ($)

Mortgage rate (% / year)

Amortization (years)

Location for land transfer tax

First-time home buyer

Annual property tax ($)

Other closing costs ($)

Land transfer tax

3. Down Payment Options

min 5% 100%

20%

Down payment	Amount	Total mortgage	Monthly payment	Monthly + Tax	Cash needed	Funds

Click a row to select that down payment. Minimum down payment: 20%. Cash needed = down payment + land transfer tax + closing costs.

4. Your Plan

Down payment

–

Total mortgage

–

Land transfer tax

–

Monthly payment

–

Monthly + Tax

–

Total cash needed

–

Funds check

–

Withdraw From Accounts

Account	Available	Withdraw	Remaining

Suggested withdrawal order: FHSA first (tax-free, no repayment), then RRSP via the Home Buyers' Plan (up to $60,000, repayable over 15 years), then TFSA (room restored next year), then chequing, and margin last. Edit any "Withdraw" amount to override the suggestion.