Calculator
CMHC Mortgage Insurance Calculator
Mortgages with less than 20% down need default insurance. Enter a price and down payment to see the premium using CMHC's published rates.
Built on official Canadian sourcesUpdated 2026-11-12
Calculator
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Insurance premium
$16,740
3.10% of the $540,000 loan (loan-to-value 90.0%)
Total mortgage with premium added
$556,740
Plus $1,339 provincial sales tax, paid in cash at closing
Uses CMHC's published homeowner premium rates. Other insurers set their own premiums.
When insurance isn't available
- The price is $1,500,000 or more.
- The down payment is below the federal minimum.
- The amortization is longer than 25 years (30 for first-time buyers or new builds).
Sources
Rules are summarized in our own words from official publications. Check the source and talk to your lender or a licensed professional before making a decision.
Informational only, not financial advice. Data as of the release snapshot generated 2026-11-12.