Tax · Canada
Home buyers' amount calculator.
The federal non-refundable tax credit for first-time home buyers — and for anyone buying a more accessible home for themselves or a related person eligible for the disability tax credit, no first-time requirement needed.
For 2026, the federal credit is 14% of up to $10,000 claimed — a maximum credit of $1,400. That $10,000 is shared across everyone claiming it for the same home purchase.
Inputs
Federal credit
Enter your details and press Calculate.
Who qualifies
You must not have lived in another home that you (or your spouse or common-law partner) owned, inside or outside Canada, in the year of purchase or in any of the four preceding years — the standard "first-time buyer" test. That test is waived if you or a related person are eligible for the disability tax credit and the home is more accessible or better suited to that person's needs. Either way, you must intend to live in the home (or have the related person live in it) as a principal residence within one year of buying it.
The formula
Under Income Tax Act s.118.05, you can claim up to $10,000 for a qualifying home purchase (doubled from $5,000 by Budget 2022; unlike most credits on this site, this amount is fixed in the Act and is not annually indexed). The dollar value of the credit is that claim multiplied by the "appropriate percentage" for the year — the same lowest federal tax-bracket rate used for every credit of this type, 14% for 2026 — giving a maximum credit of $1,400.
If more than one person is eligible for the same home (for example, spouses buying together), the credit can be split between them, but the combined total claimed by everyone for that home still can't exceed $10,000.
Sources, fetched 27 September 2026: CRA — Line 31270: Home buyers' amount. The 14% "appropriate percentage" for 2026 is the same CRA T4127 figure already verified elsewhere on this site (tuition and disability tax credit calculators).
Frequently asked questions
Is this credit refundable?
No. It's non-refundable — it reduces tax you owe, but if you owe less than the credit, you don't get the difference back as a refund.
Does this include a provincial credit?
No. This is the federal credit only. Some provinces run their own separate first-time home buyer programs (rebates, not tax credits) with their own rules — check your province separately.
Can I claim this and use the RRSP Home Buyers' Plan?
Yes, they're independent. The Home Buyers' Amount is a tax credit on your return; the RRSP Home Buyers' Plan is a separate withdrawal-and-repay mechanism for your down payment. Many first-time buyers use both.
What if I already used the disability exception, not the first-time-buyer test?
The credit amount and 14% rate are identical either way — only the eligibility test differs.
Estimate only — federal credit, not tax advice
This tool calculates the FEDERAL Home Buyers' Amount credit only, from a claim amount you provide. It does not verify first-time-buyer or disability-tax-credit eligibility, does not calculate any provincial first-time buyer program, and does not check whether you have enough tax owing to use the full non-refundable credit. Confirm your eligibility and exact claim with CRA or a tax professional.