Canada Home Buyers' Plan Withdrawal Calculator
HBP — Withdraw up to $60,000 from RRSP (Apr 2024+). Repay over 15 years starting in year 5.
- Annual repayment (1/15)
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- Repayment grace period
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- Last repayment year
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Repayments start the 5th year after withdrawal. Each year you must repay ≥ 1/15 to the RRSP, otherwise that amount becomes taxable income. Pre-2024 withdrawals capped at $35,000.
About this tool
Canada Home Buyers' Plan Withdrawal Calculator is a single-purpose utility on instant.tw, a free toolbox of calculators, converters, generators, and quick lookups. Everything works in your browser — nothing is uploaded, nothing is stored on a server unless explicitly noted.
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