Home Buyer Savings Strategy Optimizer

Compare FHSA, RRSP/HBP, and TFSA contribution strategies for one or two buyers. It uses a data-driven rules layer, projects balances over time, estimates tax savings by province, and recommends the strongest savings mix for a target purchase horizon.

Scenario Setup
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Max down payment — ranks strategies by total projected purchase funds. Best if your primary goal is the largest possible down payment.

Max flexibility — penalizes heavy reliance on HBP withdrawals, which must be repaid. Best if you want a strong down payment without a large RRSP repayment obligation.

Min HBP repayment burden — heavily penalizes strategies that use large RRSP/HBP withdrawals. Best if minimizing post-purchase cash obligations is your priority.

Buyer 1

Buyer 2

This version is intentionally data-driven. It models FHSA carry-forward rules year by year, annual RRSP room accrual from prior-year income, annual TFSA room growth, and HBP repayment burden in the scoring model. It includes provincial and territorial tax dataset for all Canadian provinces and territories. It adds future tax years by extending the JSON object in the file.

Recommended strategy
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Run the optimizer to see the strongest contribution mix.
Projected down payment
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Projected tax savings
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Projected FHSA funds
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RRSP via HBP (eligible portion only)
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Projected TFSA funds
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Annual HBP repayment
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The optimizer compares practical FHSA, RRSP/HBP, and TFSA strategies. This version also tracks FHSA carry-forward room year by year, adds new annual RRSP room based on prior-year income, grows TFSA room annually, and penalizes large HBP withdrawals in the strategy score. FHSA and RRSP contributions generate tax deductions, while TFSA contributions grow tax-free without reducing taxable income.

Projected Household Timeline

Strategy Comparison

Rank Strategy Projected down payment Tax savings FHSA RRSP/HBP (eligible only) TFSA Non-reg Annual HBP repayment Score

Year-by-Year Breakdown

Year Combined income Annual savings FHSA contrib. RRSP contrib. TFSA contrib. FHSA balance RRSP balance TFSA balance Non-reg balance Tax savings Total purchase funds

Lead Capture & Branded Follow-Up

Co-branding
Allen Ehlert
Mortgage strategy and financing guidance 905-441-0770
Email
Client and referral partner support allen@allenehlert.com

Client Summary

Run the optimizer to create a printable summary.

Disclaimer: This calculator is provided for general information and planning purposes only. It does not constitute financial, tax, mortgage, or investment advice. Results are estimates based on the assumptions and rules embedded in the tool and may not reflect your actual tax situation, contribution room, or eligibility. Tax rates, program limits, and rules are subject to change. Always consult a qualified financial advisor, licensed mortgage professional, or tax specialist before making contribution or home-buying decisions.


Copyright (c) Allen Ehlert Inc., 2026.