First-time homebuyers

Get ready for the thrill of homeownership

Buying a home is one of the biggest purchases you'll ever make – and you want to do it right. These tools, articles and tips can help you understand the home-buying process, understand your mortgage options, and make smart decisions that suit your needs. When you're ready, contact a Scotiabank advisor.

Suggested Tools

What can I afford?

Discover just how much you can spend before you start house hunting.

Rent or Own?

Should you keep renting or is it time to buy? This quick and easy calculator will help you decide.

Mortgage calculator

Find out what your mortgage payments will be, so you can ensure your mortgage fits your budget.

Unlock your equity with STEP

Use the Scotia Total Equity Plan to tap into your home equity. You’ll save with lower rates and get the funds you need to reach your goals.

Prepayment calculator

Find out what your mortgage prerepayment charge will be, so you can be mortgage-free faster.

Plan today for a secure tomorrow


Maintain the home and lifestyle you’ve worked hard to build.

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Suggested Videos

Diversify your mortgage with Scotiabank mortgage loan solutions

Would you like to become mortgage free sooner? With Scotia's "Diversify your Mortgage" approach, you can find out how to design a plan and become better able to take advantage of changes in Canadian mortgage rate or protect your mortgage loan from downturns in the markets or raising interest rates.

View Video, Diversify your mortgage with Scotiabank mortgage loan solutions

Small changes, big difference.

Do you need some financial planning advice? With Scotia's "Borrow to Get Ahead" program, you can find out how you can pay down your mortgage faster, become debt-free faster, and plan your long-term borrowing strategy. Increase your knowledge on financial management, and learn how to save money more efficiently for things like your child's education and your retirement.

View Video, Small changes, big difference.
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Suggested Articles 

How you could use the new Tax-Free First Home Savings Account (FHSA)

The new Tax-Free First Home Savings Account helps Canadians save towards their first home.

Tips for home-buying success

Make sure you have all your financial pieces in place so that you're ready to make an offer when you see your perfect home.

Choosing Your Home-buying Team

Before you sign on the dotted line, ensure you have the team of experts you need to make your home purchase smooth and successful.

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Your Mortgage options

3-10 Year Closed Term Fixed Rate

  • Fixed Payments for 3, 4, 5, 7 & 10 years
  • Peace of mind by locking into lower rates for a longer term

1, 2 Year Closed Term Fixed Rate

  • Protection against rate increases
  • Short time commitment

The Long and Short®

  • You want low interest short-term rates
  • You want the security of a longer fixed rate mortgage and can't decide.

Learn the basics today with our step-by-step guide to home-buying from Advice+

Scotia Mortgage Protection 

Protect one of your biggest financial investments by adding optional Scotia Mortgage Protection insurance when you get your mortgage. Scotia Mortgage Protection offers four coverage options that can either help pay off your mortgage, or keep up with your payments, as a result of certain unexpected life events. 

Contact us

Make an appointment with a Home Financing Advisor

Talk to a Home Financing Advisor on the phone or at a location of your choice.

Apply online with eHOME

You can be pre-approved, search for a home, and get a mortgage all in one place with Scotiabank’s online mortgage application process.

Visit an advisor at your branch

Talk to a Scotiabank Financial Advisor at one of our branches to learn more about STEP and Scotia Mortgage Protection.