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People often ask

How much is a down payment on a house in Calgary?

How much is a down payment on a house in Calgary?

The very minimum amount required as a down payment is still 5% of the purchase price. When there is a down payment that is less than 20% of the purchase price, the mortgage must be insured by Canada Mortgage and Housing. They’ll let you put a 5% down payment on a house that’s under $500,000.