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Calculate your CMHC mortgage insurance
$
$
10.0% of purchase price
CMHC Premium Rates
5% - 9.99% down: 4.00% premium
10% - 14.99% down: 3.10% premium
15% - 19.99% down: 2.80% premium
20%+ down: No insurance required
CMHC Insurance Premium
$22,320
3.1% of $720,000
Mortgage Summary
Purchase Price$800,000
Down Payment$80,000
Mortgage Amount$720,000
CMHC Premium$22,320
Total Mortgage$742,320