FHSA Room Calculator

Calculate your First Home Savings Account participation room and tax benefits.

Based on CRA First Home Savings Account (FHSA) · 2026 tax year · Annual: $8,000 · Lifetime: $40,000

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Step 1 of 4: Eligibility

FHSA Eligibility
You must be between 18–71 and a first-time home buyer to open an FHSA.

Must be 18–71 to open an FHSA.

You qualify if neither you nor your spouse owned a qualifying home in the current or preceding four calendar years.