First Home Stack

How much can you put down, when, and what will you owe at closing?

A plain-English planner for BC first-time home buyers: stack your cash, FHSA and Home Buyers' Plan, then see the closing costs coming.

Rules last verified: Estimates only — not tax, legal or financial advice.

Your down payment stack

Change the numbers below — everything updates instantly. Nothing leaves your browser.

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Prefilled example price — replace with your own.
Label only for now — property transfer tax is set provincially, so it is the same in every BC city.
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Treated as contributed room used (lifetime limit …).
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Up to … can be withdrawn under the HBP.
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Goes to your FHSA first (up to your yearly room), then cash.
Unused room carries forward, up to …. Check your CRA My Account for your real figure.
Down payment available
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Minimum down payment
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Time to reach minimum
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Your stack

Cash FHSA HBP (RRSP)
SourceTodayAt target dateRule used

Assumes no investment growth, no tax-refund reinvestment, and that all sources count toward the down payment. Minimum down payment per the Government of Canada: 5% of the first $500,000, 10% of the portion from $500,000 to $1.5M, 20% at $1.5M and above. Lenders may require more. Every simplification is listed on the Methodology page.

Closing-cost estimate

BC property transfer tax (PTT) with the first-time buyer exemption, plus the new-home GST rebate if it applies.

ItemEstimateNote

Sources for every rate and threshold are linked in the Rules tracker below. "Other closing costs" is an editable placeholder, not a sourced figure. The first-time buyer exemption is not the whole tax for homes over $500,000 — see Methodology.

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Legal, inspection, adjustments, etc. — enter your own estimate.

Rules tracker

The numbers this planner uses, with where they come from and when they were last checked against the official page. Last verified:

RuleCurrent valueSourceVerified on

Rules change. Always confirm with the official page and a qualified professional before relying on a number.