First-Time Buyer Calculator: 5% Down & CMHC

See exactly what you need to buy your first home with minimum down payment

5% down only available for homes under $500k

Qualify at rate + 2% or 5.25%, whichever is higher

Get pre-approved and lock in your rate for 120 days

Exact costs for first-time buyers with 5% down: CMHC insurance premium, monthly payments and total cash needed, including the incentive programs.