House Down Payment • Money After Graduation

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Saving a house down payment is one of the biggest financial undertakings many people pursue. It’s the first hurdle to home ownership, and can be difficult in hot real estate markets.

We have lots of great articles on saving your house down payment, but we’re guessing you’re probably looking for one of these:

These articles will show you how to save up for the home of your dreams as fast as possible!

House Down Payment

The Income You Need to Purchase a Home in Canada’s 25 Largest Cities

By Money After GraduationAugust 19, 2019

What income and down-payment do you need in order to buy the average home in a major Canadian city? The average detached house in Canada costs $498,943 and you’ll need a down-payment of $24,947 and…

House Down Payment

The First Time Home Buyer Incentive Explained

By Bridget CaseyJune 20, 2019

The First Time Home Buyer Incentive (HBI) was announced in June 2019 to help middle-class Canadians purchase their first home. The program provides up to 10% of a home’s value as a downpayment. It will…

House Down Payment

3 Tricks We Used To Save a $40,000 Down Payment

By Alyssa DaviesMay 20, 2019

Owning a home in Canada is a desirable milestone in life. In fact, according to a 2018 CIBC poll, 94% of millennials want to buy a home one day. However, 40% of those same millennials…

House Down Payment

How to Save a Down payment For a House

By Bridget CaseyMay 15, 2018

When it comes to buying your first home, the first thing many people focus on is saving their downpayment. While this is not the largest financial burden of ownership, it is the first big hurdle…

House Down Payment

Should You Rent or Buy?

By Bridget CaseyFebruary 6, 2018

Should you rent or buy? It’s not an easy question to answer. I do the math on buy vs. rent for myself every year when my lease is up. I make the decision to sign…

House Down Payment

Why You Need to Put at Least 10% Down On Your First Home (and How to Save It!)

By Bridget CaseyJune 26, 2017

Homeownership is a major personal and financial goal for most young people. It’s also one of the biggest financial challenges. With real estate prices seemingly rising endlessly in the most desirable cities in the US…

House Down Payment

How To Use The RRSP First Time Home Buyer’s Plan

By Bridget CaseyMay 1, 2017

The RRSP First Time Home Buyer’s Plan is a great way to put a down payment on your first home. If you’ve been diligently saving in your RRSP, you can now use this cash as…

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