Minimum Down Payment & CMHC Premium Calculator
Quick Summary
Based on Canadian guidelines and CMHC rules:
Minimum Required Down Payment
Computed per CMHC regulations.
Your Down Payment (%)
Percentage of purchase price.
CMHC Insurance Rate
Applies if DP < 20%.
CMHC Insurance Premium
Amount added to your mortgage.
Total Mortgage Amount
Mortgage + insurance premium.
Breakdown: Down Payment vs. Insurance vs. Mortgage