The First Home Blueprint | Walker Mortgages
Free Tool  ·  Walker Mortgages

The Exact Blueprint That Turns
Rent Payments Into a Down Payment
— In 15 Minutes or Less

Stop guessing. Stop waiting. This free calculator shows you exactly how much home you can afford, where your money is leaking every month, and the government programs most Canadians never use — stacked together to get you into your first home faster than you thought possible.

Built for Southern Ontario buyers FHSA + HBP stacking included Takes 15 minutes. Changes everything.
Your monthly income
Add your expenses
New expense
Set how flexible this expense is before adding — you can always change it later.
No expenses added yet. Start with your biggest ones — rent, car, groceries.
Your next step

You've Done the Hard Part.
Now Let's Build the Team.

You know your numbers. The next move is getting a financial planner in your corner who can open your FHSA, optimize your contributions, and put every dollar to work. This introduction is free — and it's how serious buyers get started.

Introduce me to a financial planner to get started
Free introduction  ·  No obligation  ·  Walker Mortgages
Your target home
$650,000
10%
$1,500/mo
Minimum down payment breakdown
Down payment goal
—
—
Minimum required
—
by law
CMHC insurance
—
—
Time to goal
—
—
Progress toward your down payment goal
$0 savedGoal: —
Your income & debts
$100,000
$400/mo
$50,000
5.0%
25 years
Estimated maximum purchase price
—
—
Qualifying ratios
Gross Debt Service (GDS)—
Total Debt Service (TDS)—
GDS must be under 39% · TDS must be under 44% · These are the CMHC qualifying limits lenders use
Estimated monthly payment breakdown
Walker Mortgages

Your Number Is Real.
Let's Make It Official.

This estimate is based on real lender math — but your credit score, income type, and the right lender can move that number significantly. A 15-minute call with Adam is free and could add six figures to what you qualify for.

Book your free strategy call
Free  ·  No obligation  ·  meetwithadam.ca
FHSA

First Home Savings Account

Tax deduction going in. Tax-free coming out. Open yours today — even with $0 — your $8,000/year room starts accumulating immediately.

Up to $40,000 lifetime · $8,000/year
Carry-forward up to $8K · 15-year window · Invest in GICs, ETFs, mutual funds · No repayment required
RRSP — HBP

Home Buyers' Plan

Withdraw up to $60,000 from your RRSP tax-free for your first home. Repay over 15 years. Funds must be in your RRSP for 90+ days before withdrawal.

Up to $60,000 per person · $120,000 per couple
Unlike FHSA, you must repay this within 15 years or it becomes taxable income
Ontario

Land transfer tax rebate

First-time buyers get up to $4,000 back on Ontario's land transfer tax. Buy under $368,000 and you pay zero. Toronto buyers get an extra municipal rebate up to $4,475.

Up to $4,000 (Ontario) · Up to $8,475 (Toronto)
Federal

First-time home buyer tax credit

Claim up to $1,500 non-refundable tax credit the year you buy. Claim on Line 31270 of your tax return.

Up to $1,500
Federal

30-year amortization (new builds)

First-time buyers on new construction can spread payments over 30 years — lower monthly payments and easier to qualify.

Reduces monthly payment ~12–15%
As of Dec 15, 2024 · Insured mortgage cap raised to $1.5M
Ontario / Federal

GST / HST new housing rebate

Buying a newly built home? Recover some of the HST paid. Ontario offers an additional rebate up to $24,000 on the provincial portion.

Federal up to $6,300 · Ontario up to $24,000
Single buyer — maximum stack
FHSA (lifetime max)$40,000
RRSP — Home Buyers' Plan$60,000
Ontario LTT rebate$4,000
Home buyer tax credit$1,500
Total max benefit$105,500
Couple buying together
FHSA — both buyers$80,000
RRSP — HBP, both buyers$120,000
Ontario LTT rebate$4,000
Home buyer tax credit$1,500
Total max benefit (couple)$205,500
Real example: Taylor is buying a $650,000 home in Simcoe. She maxes her FHSA over 5 years ($40K) and pulls $60K from her RRSP under the HBP. Down payment: $100,000 — that's 15.4% down. Gets the $4,000 Ontario LTT rebate and claims $1,500 at tax time. All from starting a plan early.
Walker Mortgages

Most Buyers Leave $100,000
on the Table. Don't Be Most Buyers.

Let's map out exactly which programs you qualify for, stack them properly, and get you into your first home with more money in your pocket than you thought possible.

Book your free strategy call
Free  ·  No obligation  ·  meetwithadam.ca

Ready to pay off your mortgage?

Build your Mortgage Game Plan Today!

When we sit down for a Mortgage Strategy Call we review the whole picture.

Your current mortgage balance
Your renewal timeline
Your family budget
What your payment could look like at different interest rates

Then we build a plan so your mortgage renewal feels like a decision you are prepared for instead of a surprise.

Just like in sports, the best teams win because they prepare.

Your mortgage should be no different.

Trusted Guidance, Proven Success

Mortgage decisions are rarely just about the lowest rate. Families across Ontario are searching for ways to lower monthly payments, prepare for mortgage renewal, or understand how much home they can afford. The Mortgage Game Plan assessment was created to help simplify that process. By answering a few quick questions about your situation, you can explore strategies that may help you reduce interest costs, improve monthly cash flow, or prepare for your next home purchase. Whether you are a first time home buyer, planning to refinance, or approaching renewal, understanding your options early can make a significant difference.

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Adam Walker, Mortgage Agent M09001899
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