FHSA Calculator (First Home Savings Account)

See how your First Home Savings Account grows tax-free and estimate your tax refund for contributions.

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FHSA contributions are limited to $8,000 per year and $40,000 lifetime. The account must be used within 15 years of opening or by the end of the year you turn 71, whichever comes first. Projections assume a constant growth rate; actual returns will vary. Tax refund estimates are based on the marginal rate provided and do not account for other deductions or surtaxes. Consult a tax professional for personalized advice.