FTHBI Calculator

Home Purchase Information

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Mortgage Terms

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FTHBI Incentive Details

FTHBI Program Requirements
  • Maximum home value: $1,200,000 CAD
  • Maximum annual income: $150,000 CAD
  • Minimum down payment: $50,000 CAD (5%)
  • Maximum incentive amount: $75,000 CAD
  • Property types: New homes, resale homes, condominiums
  • Location: Must be owner-occupied within 12 months

First-Time Home Buyer Incentive

Government assistance through equity sharing or interest-free loans

FTHBI Eligibility

Income under $150k CAD, first-time buyer, adequate down payment

Professional Guidance

Consult qualified professionals for personalized FTHBI advice

FTHBI Program Disclaimer
  • FTHBI incentives are subject to government approval and eligibility criteria
  • Maximum incentive is the lesser of 5% of purchase price or $75,000 for new homes
  • Maximum incentive is the lesser of 10% of purchase price or $75,000 for resale homes
  • Income and home value limits must be met at time of application
  • The government shares in the property's equity appreciation
  • Property must be owner-occupied within 12 months of purchase
  • Results are estimates - consult qualified professionals for personalized advice