Minimum down payment calculator
How much do you need, at minimum, to buy in Canada? Enter your target price. The calculation follows current federal rules.
Your result will appear here
Fill in the form, then tap “Calculate”. It follows the same rules as the Cap app.
Good to know
A tiered minimum
The minimum is worked out in ranges. It's higher for the top part of the price.
Mortgage default insurance
Below 20% down, insurance is usually added to your mortgage. Above a certain price, it's no longer available.
The minimum isn't the target
Also plan for the welcome tax and notary fees. The Cap app adds them to your goal.
The exact rates, ranges and limits are published, with their version, on the transparency page.