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FHSA contribution room calculator for 2026

Find your 2026 First Home Savings Account room in seconds. Tell us the year you opened your FHSA (and what you've contributed so far, if you like) and we'll work out this year's room and how much of the $40,000 lifetime cap you have left. No login, no sign-up, nothing stored.

$8,000 a year · $40,000 lifetime · Estimate only, not tax advice
FHSA room starts accruing the year you open the account. The FHSA launched in 2023.
Enter your lifetime FHSA contributions to see your remaining room against the $40,000 cap.
Your 2026 FHSA contribution room
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This is a general-information estimate, not tax advice. It assumes you didn't contribute last year (so a full $8,000 carry-forward is available) and doesn't model designated transfers from an RRSP. Confirm your exact figure in CRA My Account.

How it works

$8,000 a year from the year you open, capped at $40,000 for life

The FHSA launched in 2023. You get $8,000 of new contribution room every calendar year, but only starting the year you open the account. There's no retroactive room for years the account didn't exist. Unused room carries forward, but only up to $8,000 (one year's worth), so the most you can contribute in any single year is $16,000. Across the account's whole life your total contributions can't exceed $40,000, and, unlike the TFSA, withdrawals never give that room back. This free FHSA calculator applies those rules to the current year the moment you enter the year you opened the account, with no login and nothing stored.

FHSA rule (2026)Amount

The $40,000 cap is enforced across every FHSA you own, but no single bank can show you the cumulative total. Mozaic adds them up automatically from your real accounts.

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FHSA tracker TFSA contribution room calculator RRSP contribution room calculator FHSA contribution rules What is an FHSA?

FHSA contribution room questions

How much can I contribute to my FHSA in 2026?
The FHSA gives you $8,000 of new contribution room each calendar year, starting the year you open the account. If you opened your FHSA in an earlier year and didn't use last year's room, you can carry forward up to $8,000, so the most you can contribute in a single year is $16,000. Your first year is capped at $8,000 because there's no prior year to carry forward from.
What is the FHSA lifetime contribution limit?
$40,000 in total contributions, across every FHSA you own at every institution. Unlike the TFSA, FHSA withdrawals do not restore contribution room. Once you've contributed $40,000 in total, the room is gone for good.
When does my FHSA contribution room start?
The year you open the account, not the year you turned 18, and not retroactively. If you were eligible in 2023 but didn't open an FHSA until 2026, your room starts at $8,000 in 2026. This is the opposite of the TFSA, where room accrues from age 18 whether or not you ever opened an account. Opening an FHSA with $0 starts the clock at no cost.
Does unused FHSA room carry forward?
Yes, but only up to $8,000, and only after you've opened an account. You can carry at most one year of unused room forward, so a single year tops out at $16,000 ($8,000 current plus $8,000 carried). Room does not accumulate for the calendar years before you opened the FHSA.
Can I use my FHSA and the RRSP Home Buyers' Plan for the same home?
Yes. Since the 2023 federal budget the two stack: up to $40,000 tax-free from your FHSA plus up to $60,000 from your RRSP under the Home Buyers' Plan for the same qualifying purchase. FHSA withdrawals never have to be repaid; HBP withdrawals do, over 15 years.
What happens to my FHSA if I never buy a home?
You can transfer the full balance, including investment growth, to an RRSP or RRIF tax-free, without using any RRSP contribution room. You have until December 31 of the 15th year after opening, or the year you turn 71, whichever comes first.