CMHC premium and mortgage insurance calculator
Estimate CMHC premium from purchase price and down payment.
Calculator inputs
Enter purchase price and down payment to estimate CMHC premium.
Purchase price
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$
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How to use this CMHC premium calculator
CMHC premium mainly depends on your loan-to-value ratio. Lower down payment usually means a higher insurance premium.
This page reuses the same backend logic already used by our other mortgage calculators, so calculations stay aligned across the platform.
- See estimated premium and premium-related taxes.
- Understand direct down-payment impact on insurance cost.
- Compare the key tiers at 5%, 10%, 15%, and 20% instantly.
Fictional example (calculation logic)
Simplified example for a $600,000 purchase with an 8% down payment ($48,000).
- Minimum required down payment under the rule$35,000 (5.83%)
- Estimated CMHC premiumAutomatically calculated by backend
- Tier comparison5% (not eligible), 10%, 15%, 20%
- Quick readAt 20% down, premium is zero
Example provided for illustration only. Real outputs depend on input parameters and current lending rules.