How Much Cashback Can You Get When Buying a Home?

If you've heard HOMEH gives buyers cashback, the obvious next question is: how much will I actually get? Eligible buyers can receive the industry's highest Cashback Rebate — but your real number depends on your specific purchase. This guide explains, honestly, what drives the amount, how to estimate it, and the smartest ways to put it to work.

Key takeaways

• Eligible HOMEH buyers can receive the industry's highest Cashback Rebate.
• Your amount scales with the transaction — mainly the purchase price, subject to eligibility and your buyer agreement.
• The Cashback Rebate is 1.5% of the purchase price, so it scales with the home you buy.
• Cashback can cover your closing costs or boost your down payment.
• The cashback calculator gives you a personalized estimate in minutes.

The short answer

Eligible HOMEH buyers receive the industry's highest Cashback Rebate. It is 1.5% of the purchase price, paid at closing, subject to eligibility and your buyer agreement, so your actual amount depends on the details of your purchase. The single biggest factor is the size of the transaction, because the cashback is funded by sharing back the commission on the deal.

Why it's a range, not a flat number

Commission scales with price, so a larger purchase generally supports a larger rebate. That's why HOMEH states it as 1.5% of the purchase price — an honest reflection of how the math works, not a marketing flourish. Learn the model in how HOMEH cashback works.

What drives your amount

A few factors determine where you land within the range:

• Property price — higher-priced homes generally carry more commission, supporting a larger rebate.
• Commission available on the deal — the cashback is a share of this.
• Your transaction details — whether you're buying, selling, or both with HOMEH.
• Eligibility — you complete a qualifying transaction with HOMEH as your brokerage.

Get a real number, not a guess

Rather than estimate by hand, plug your details into the cashback calculator for a personalized figure based on your actual purchase.

How buyers typically use it

Cashback is real money you can direct where it helps most. The two most popular uses:

On the closing-cost side, remember land transfer tax is usually the largest single cost — see closing costs in Ontario explained. On the down-payment side, see the down payment boost, explained.

Putting it in context

To appreciate the scale: a typical Ontario buyer budgets 1.5%–4% of the purchase price for closing costs. For many homes, cashback can cover those costs entirely — and often leave money over for your down payment.

First-time buyer? Combine cashback with programs like the FHSA and land transfer tax rebates — see first-time home buyer programs in Canada.

Estimate yours

The most reliable way to answer "how much will I get?" is to run your own numbers. It takes a couple of minutes and gives you a figure grounded in your actual purchase, not a generic average. While you're at it, check what you can afford with the affordability calculator and live conditions in the Ontario housing market outlook.

Calculate your cashback now

Eligible HOMEH buyers receive the industry's highest Cashback Rebate. Get your personalized estimate with the cashback calculator — free, fast, and based on your real purchase.