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First Time Home Buyer Incentives in Newfoundland 2021

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First Time Buyer Calculator Newfoundland

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Property Type

Existing/ResaleNew Construction

You could qualify for...

First-Time Buyer Land Transfer Tax Rebate
$00
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Shared-Equity Incentive
$25,00025k
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Home Buyer's Plan (RRSP)
up to$35,00035k
Find out more about national incentive programs
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Interest Rate help

The annual interest rate on the mortgage loan amount. A lower interest rate can drastically reduce your mortgage payments.

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Goverment Incentive Option

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None
5
%
$25,00025k
10
%
Ineligible
Your Monthly Payment
$1,9651.96k
/month
Down Payment
(Incl. Incentive)
$50,00050k
Mortgage Amount
(Incl. CMHC Premium)
$463,950464k

There are no provincial programs in Newfoundland

This calculator is provided for general information purposes only. WOWA does not guarantee the accuracy of information shown and is not responsible for any consequences of the use of the calculator.