Can I Borrow From My: Pension To Buy A House

While the 10% early withdrawal penalty is waived, you must still pay ordinary income tax on the amount.

: First-time homebuyers can withdraw up to $10,000 penalty-free. can i borrow from my pension to buy a house

You pay interest back into your own account, usually at the prime rate plus 1-2%. While the 10% early withdrawal penalty is waived,

: You must not have lived in a home you or your spouse owned in the last four years. can i borrow from my pension to buy a house

: Check your eligibility on the official Canada.ca HBP page . Australia: First Home Super Saver (FHSS) Scheme