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CMHC Insurance Calculator
Understand your mortgage insurance costs and see how increasing your down payment can save you thousands.
Property Details
CMHC Insurance Premium
$19,000.00
5% – 9.99% down — rate 4.00%
Down payment
$25,000
5.0% of price
Total mortgage
$494,000
Loan $475,000 + premium
Monthly impact (at 5.5%, 25 yr)
Without
$2,899
With
$3,015
Added / mo
+$116
Down payment comparison
| Down payment | Amount | Rate | Premium | Total mortgage |
|---|---|---|---|---|
| 5% down | $25,000 | 4.00% | $19,000 | $494,000 |
| 10% down | $50,000 | 3.10% | $13,950 | $463,950 |
| 15% down | $75,000 | 2.80% | $11,900 | $436,900 |
| 20% down | $100,000 | 0.00% | $0 | $400,000 |
CMHC premiums are estimates based on standard rates and are added to the mortgage balance. Monthly impact shown at 5.5% with 25-year amortization for illustration. Contact Jay for exact figures.
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