Mortgage Down Payment & CMHC Calculator
Enter the home price and down payment to see the insured vs uninsured status and estimated CMHC premium. Canada rules.
Enter the price and down payment.
Frequently asked questions
When is CMHC mortgage insurance required in Canada?
When your down payment is less than 20% of the home price, the mortgage must be default-insured (CMHC or a private insurer). At 20% or more, insurance is generally not required.
What is the CMHC premium schedule?
Premiums scale with loan-to-value: about 0.60% up to 65% LTV, 0.90% to 75%, 1.70% to 80%, 2.40% to 90%, and 4.00% to 95%. Premiums apply to the loan amount, not the price.
Legal & Accuracy Notice: Estimate using the standard CMHC premium schedule for default-insured mortgages. Premiums and rules can change and vary by insurer (CMHC, Sagen, Canada Guaranty). Not mortgage advice — confirm with your lender. Runs locally.