HBP · Home Buyers' Plan

Stay on track with HBP repayment

The Home Buyers' Plan lets you pull up to $60,000 CAD from your RRSP tax-free — but you have to pay it back over 15 years, starting two years after the withdrawal.

Your withdrawal

Amount withdrawn

CRA limit is $60,000 CAD per person.Year of withdrawalRepayment starts 2025.

What you've repaid

Total repaid to your RRSP so far

Specific HBP-designated contributions only.

Balance remaining to repay

$35,000 CAD

Behind by 1 year.

Missed repayments are added to your taxable income for those years. Make up the shortfall in your next RRSP designation to get back on track.

Annual repayment required

$2,334 CAD

Over 15 years

Due this year

$2,334 CAD

Repayment 2025–2039

Total repaid

$0 CAD

Years remaining

14 yr

Deadline 2039

Repayment progress

$0 CAD repaidof $35,000 CAD

Informational only — verify your numbers at CRA My Account before contributing.