Real Estate & Mortgage
CMHC Mortgage Default Insurance
Calculate CMHC mortgage default insurance premiums for a Canadian high-ratio mortgage.
Your inputs
Change any value to update the result instantly.
CMHC insurance premium
18,400
Loan-to-value
92%
Premium rate applied
4%
Total mortgage with premium added
4,78,400
Mortgages with LTV above 95% are not eligible for CMHC-insured financing.
Formula and working
Premium = Loan amount × Premium rate (based on loan-to-value tier)
- 1
Collect the inputs
Purchase price = 500,000; Down payment = 40,000
- 2
Apply the formula
Premium = Loan amount × Premium rate (based on loan-to-value tier)
- 3
Result
CMHC insurance premium = 18,400
Frequently asked questions
Important limitation
This is an educational estimate based only on the values and formula shown. Verify current rates, rules, units, and professional standards before relying on the result. It is not personalized financial or investment advice.
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