FHSA Calculator
2026 FHSA limitsPlan your First Home Savings Account with 2026 CRA rules. Annual participation room: $8,000. Lifetime contribution limit: $40,000.
Your results
Balance (2031)$44,206
Tax Refunds (est.)$11,860
Tax-Free Growth$4,206
Warning: Plan hits the $40,000 lifetime limit.
By 2031, your FHSA could hold about $44,206 — contributions plus tax-free growth. Estimated tax refunds on contributions total about $11,860based on your province's marginal rate.
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My FHSA for my first home 🏡
Target: 2031
Projected: $44,206
Tax refunds: $11,860
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Swipe horizontally to see all columns →
| Year | Contrib. | Refund | Balance |
|---|---|---|---|
| 2026 | $0 | $0 | $0 |
| 2027 | $8,004 | $2,373 | $8,004 |
| 2028 | $8,000 | $2,372 | $16,404 |
| 2029 | $8,000 | $2,372 | $25,224 |
| 2030 | $8,000 | $2,372 | $34,486 |
| 2031 | $7,996 | $2,371 | $44,206 |
Frequently Asked Questions
FHSA balance$44,206