Home savings planner

When could you reach your down payment?

Enter your goal and what you save. See when you could get there, and what it would take to get there sooner.

About the FHSA

The First Home Savings Account helps first-time buyers save. What you put in can lower your income tax, and qualifying withdrawals for a first home are tax-free.

Figures current as of October 2026. Limits (from the Canada Revenue Agency, checked October 25, 2026): your FHSA participation room is $8,000 in the year you open your first FHSA, and there is a $40,000 lifetime limit. Unused room can carry forward in some cases. Check your own limits before you contribute: Contributing to your FHSA (CRA).

See your family's number

Find out in 2 minutes how much money your family would need if something happened to you, and how much of that is missing today. No-cost, no obligation.

Try the family calculator