Canadian mortgage rules can be confusing, especially if you’re buying your first home. It isn’t always clear when you need a 20% down payment or how much you need to put down for a specific home price.

If you don’t follow these rules, it can be really frustrating later when you find out that you can’t use a certain down payment as planned. Sometimes, there are even several ways to solve the same problem.

That’s why the Down Payment Educator was created—it's Canada’s first mobile tool that helps you understand down payment and mortgage issues. It shows you potential problems and offers one or more smart solutions, teaching you the rules so you can set realistic expectations for your home purchase.

Please use the "Yes" and "No" thumbs to let us know how you like it.

You can also use the chat button (in the top right) to let us know how we can improve it.

Thank you so much!!!