A down payment is the sum of money you pay towards your mortgage when purchasing a home. This portion of the home price is not financed by the loan you secure to purchase your home.
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Understanding the home closing process
A complete guide to closing on a house, including closing costs, typical timelines and what to expect at the end of the home closing process.
Homebuyer and homeowner grants in Canada
Learn who is eligible and how to apply for various homebuyer and homeowner grants in Canada, including the Canada Greener Homes Initiative.
What is mortgage insurance and how does it work?
What kind of mortgage insurance do you need, and who does it protect if you can’t pay? Get answers to all your mortgage insurance questions here.
How can I avoid being house poor?
Want to renovate your home? Here’s how you can add value, choose the right updates, and invest in your home with smart renovation strategies that save you time and money
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Down payment assistance programs in Canada
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Calculate your required down payment
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Tackle your down payment and other new home costs
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How to buy a home in 9 steps
Wondering how to buy a home in Canada? Here’s a checklist of answers to the nine most commonly asked homebuying questions.
