What Do You Know About Your Down Payment?

By |2022-03-25T15:24:32-04:00March 25th, 2022|Down Payment|0 Comments

How the minimum down payment works No matter if you are a first-time homebuyer, or are upgrading your home, the minimum down payment in Ontario and across Canada is 5% of the first $500,000 of home purchase price. In other words, the down payment on a $500,000 home would be $25,000. However, on any purchase [...]