Did You Know?

Because your down payment is under 20% of the purchase price, you will need mortgage insurance. We’ve determined your premium and will include it in the calculations.

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Mortgage amount
Interest cost
Mortgage insurance premium
Mortgage insurance premium rate




This calculator is for illustrative purposes only. Users should not rely on this calculator to make any financial decisions. While every effort is made to keep this tool up-to-date, CMHC does not guarantee the accuracy, reliability or completeness of any information or calculations provided by this calculator. CMHC is not be liable for loss or damage of any kind arising from the use of this tool.
Date Published:: March 5, 2018