First-time home buyer programs in Quebec
Quebec's new refundable home buyers' tax credit refunds the welcome tax a first-time buyer pays, up to $5,875.
Home buyers' tax credit (welcome tax refund)
- For homes acquired in 2026, the credit refunds the municipal welcome tax you paid in full, up to $5,875.
- It's a first home if neither you nor your spouse owned a home you lived in from January 1, 2022, to the day before you acquired it. You must plan to live there within a year.
- Claim it with form TP-752.HA on your Quebec tax return, or ask Revenu Québec for an advance payment. Co-owners share the credit by their ownership share.
The welcome tax itself
The transfer duty, or welcome tax, is calculated with provincial brackets and collected by each municipality, and some cities, including Montréal, use higher rates. Our calculator doesn't compute it for Quebec, so check your municipality's rates.
Federal programs available in every province
- First Home Savings Account (FHSA): contribute up to $8,000 a year, to $40,000 in total, with tax-deductible contributions and tax-free qualifying withdrawals.
- Home Buyers' Plan: withdraw up to $60,000 from your RRSPs and repay it over 15 years.
- GST/HST first-time home buyers' rebate: up to $50,000 of the federal GST on a newly built home, in full up to $1,000,000 and phased out at $1,500,000.
- Home buyers' amount: a federal non-refundable tax credit of $1,500 (15% of $10,000).
- With less than 20% down, first-time buyers can get an insured mortgage with an amortization of up to 30 years.
Estimate your costs in Quebec
The calculator applies the provincial transfer tax or registration fees, with first-time buyer relief where the province offers it, plus default insurance and the monthly payment.
Calculator
Results update as you type · Nothing you enter leaves your browser
Monthly payment
$2,964.89
On a mortgage of $556,740
Land transfer tax
Not calculated
| Item | Amount |
|---|---|
| Minimum down payment | $35,000 |
| Default insurance | $16,740 |
| Provincial sales tax on the premium (paid at closing) | $1,507 |
| Total interest over amortization | $332,728 |
| Down payment share | 10.0% |
Transfer tax here is set by each municipality, so it isn't included. Check with your municipality or notary.
Estimate only, based on the published rules listed below. Lenders, insurers and tax authorities apply their own criteria.
Before you rely on a program
Each figure on this page comes from the government page cited for it. We checked every program against its official page on November 13, 2026, and give the date a rule took effect wherever the government states one. Programs can close, run out of funding or change their limits, so confirm eligibility with the program before you sign an agreement of purchase and sale. Loans must be repaid, and income and price limits apply to the whole household.
Sources
Rules are summarized in our own words from official publications. Check the source and talk to your lender or a licensed professional before making a decision.
Informational only, not financial advice. Data as of the release snapshot generated 2026-11-14.