What are the CMHC insurance premium tiers?

Premiums are 4.00% for 5-9.99% down, 3.10% for 10-14.99% down, and 2.80% for 15-19.99% down, added directly to your mortgage balance.

Is sales tax charged on CMHC insurance premiums?

Yes, in Ontario (8% PST) and Quebec (9% QST), provincial sales tax on the premium must be paid in cash at closing and cannot be added to the mortgage.

CanadáCMHC Mortgage Default Insurance (Down < 20%)Finanças

Canada CMHC Mortgage Loan Default Insurance Calculator

Calculate Canada Mortgage and Housing Corporation (CMHC / Sagen / Canada Guaranty) mandatory mortgage default insurance premiums for high-ratio home purchases with less than 20% down payment (2.80% to 4.00% added to loan amount + provincial sales tax).

Imóveis e Mercado Imobiliário Financiamento Imobiliário Habitação e Residencial

Dados de Entrada

Em tempo real

Home Purchase Price (CAD $ - Under $1M for CMHC)

CAD $

Seleção rápida:

Cash Down Payment Amount (CAD $)

CAD $

Seleção rápida:

Resultado CalculadoCMHC Mortgage Default Insurance (Down < 20%)

Total Mortgage Amount Financed (Base Loan + CMHC Premium)

634,400CAD $

CMHC Insurance Premium Added to Mortgage

24,400 CAD $

Provincial Sales Tax on CMHC Due in Cash at Closing (8% in Ontario)

1,952 CAD $

Detalhamento do Cálculo

Base Mortgage

610,000 CAD $

CMHC Premium

24,400 CAD $

Total Financed Loan

634,400 CAD $

Metodologia de Cálculo

CMHC Premium Rate: 5% to 9.99% down = 4.00%, 10% to 14.99% down = 3.10%, 15% to 19.99% down = 2.80%, 20%+ down = 0%. Premium ($) = Base Loan * CMHC Rate%. Total Loan Financed = Base Loan + CMHC Premium.

Aviso Legal e Educacional

Homes priced at $1,000,000 or more do not qualify for CMHC insured mortgages and require a minimum 20% down payment. In Ontario and Quebec, provincial sales tax (8% or 9%) on the CMHC premium is due in cash at closing.

Esta calculadora destina-se a fins educacionais e informativos. Os resultados não constituem consultoria financeira ou jurídica vinculativa.

Perguntas Frequentes

5% on the first $500,000 of purchase price, and 10% on the portion between $500,000 and $999,999. Homes of $1,000,000 or more require 20% down.

Calculadoras Relacionadas

Ferramentas e calculadoras recomendadas para seu cálculo atual

Explorar todas as ferramentas

Canadá

Canada CMHC Mortgage Loan Default Insurance Calculator

Dados de Entrada

Detalhamento do Cálculo

Metodologia de Cálculo

Aviso Legal e Educacional

Perguntas Frequentes

Calculadoras Relacionadas

Canada Land Transfer Tax (Ontario LTT & Toronto MLTT) Calculator

Canada First Home Savings Account (FHSA) Tax Deduction & House Fund Calculator

Canada Capital Gains Tax & Two-Tier Inclusion Rate Calculator (50% vs. 66.7%)

Canada Federal & Provincial Combined Income Tax Calculator

Canada Auto Lease Monthly Payment & Provincial Sales Tax Calculator

Canada GST, HST & PST Provincial Sales Tax Calculator

US Private Mortgage Insurance (PMI) Monthly Cost & Cancellation Calculator

US Home Buyer & Seller Real Estate Closing Costs Calculator