How much money do I need to buy a home through Click Mortgage?

In Canada, you need at least 5% of the purchase price for a down payment. It’s also a good idea to have an extra 1.5% of the purchase price set aside, on top of the down payment, for closing costs. There are programs for borrowed down payments, and options for matching down payment funds from CMHC under the First Time Home Buyer Incentive.