u/iamjpow69

Hi everyone, my fiancé (26) and I (27) are planning to purchase a home this year. We’ve gotten a pre approval done and working with a realtor. Planning to use most of our cash for the down payment but may need to dip into RRSP or TFSA. Also maxed out our FHSA accounts which will be used towards the down payment. The down payment will be about 25% of a 850-950k home. The home will be purchased in the GTA if that matters.

What would you recommend to use for the rest of the down payment between our TFSA / RRSP? Both are healthcare workers and both have HOOPP pensions. I’m aware of the RRSP home buyers plan but have seen mixed reviews about using this.