Mortgage calculator

CMHC Insurance Calculator Canada

CMHC mortgage loan insurance usually applies when buying an eligible home with less than 20% down. Use the mortgage calculator to see the premium, loan amount, and payment impact together.

Calculate CMHC premium View methodology

Common examples

5% to 9.99% down

Highest premium tier

Often the most expensive insured scenario.

10% to 14.99% down

Lower premium tier

Can reduce the premium materially.

20% down

No CMHC premium

Becomes a conventional mortgage in most cases.

How to use this page

Use the examples above to confirm the calculation type you need.
Open the full calculator with the button above.
Change the amount, province, rate, or pay period to match your real scenario.
Use the source link below to verify the public rule behind the estimate.

Questions

Who does CMHC insurance protect?

It protects the lender against default, though the borrower pays the premium.

Can I avoid CMHC insurance?

Usually yes, by putting at least 20% down, subject to lender and property rules.

Source

This page links into the shared usecos calculator engine and cites CMHC mortgage loan insurance.