Mortgage & CMHC Insurance Calculator

Home price

Interest rate (annual %)

Amortization period 15 years 20 years 25 years 30 years

Your down payment ($)

Your down payment (%)

Enter your own down payment above (in dollars or percent — either field updates the other) to add it to the comparison table alongside the common preset amounts.

Estimates only, for illustration purposes — actual rates, fees, and insurance premiums depend on your lender and application. CMHC insurance premium rates shown are CMHC's standard schedule for owner-occupied purchases (down payments under 20%); down payments of 20% or more don't require mortgage default insurance. Homes priced at $1.5 million or more require a minimum 20% down payment and aren't eligible for insured mortgages. Ontario's 8% provincial sales tax on the CMHC premium is due in cash at closing and can't be added to your mortgage. Payments assume semi-annual compounding, as required for Canadian mortgages, and exclude property tax, condo/HOA fees, heating, and other closing costs.