CMHC Calculator

About Mortgage Insurance

Financial institutions are required by law to insure all mortgages with a loan to value ratio of less than 80%. This insurance protects the lender against borrower default.

Note: Provicial Sales Tax (8%) is applicable on mortgage insurance premiums, is due the date of closing, and is not rolled into a mortgage. Mortgage insurance premiums are exempt from the full Harmonized Sales Tax.

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Mortgage Insurance Providers


Canada Mortgage and Housing Corporation (CMHC) is Canada's national housing agency. Established as a government-owned corporation in 1946 to address Canada's post-war housing shortage, the agency has grown into a major national institution. CMHC is Canada's premier provider of mortgage loan insurance, mortgage-backed securities, housing policy and programs, and housing research. More about CMHC can be found at

Genworth Financial

GE Mortgage Insurance Canada together, with its related affiliates, is the largest private sector mortgage insurance company in the world and the only private sector supplier of mortgage insurance in Canada.

Mortgage Insurance Premiums Explained

Mortgage loan insurance premiums are calculated as a percentage of the loan and is based on the size of your down payment. The higher the percentage of the total house price/value that you borrow, the higher percentage you will pay in insurance premiums.

Loan-to-Value Ratio
Up to and including 65%
Up to and including 75%
Up to and including 80%
Up to and including 85%
Up to and including 90%
Up to and including 95%
90.01% to 95% – Non-Traditional Down Payment
Standard Premium

Contact us today, your GTA Realtor,

 Sham Pathania from Homelife/United Realty. 

 For any MLS House listed in Brampton or near Bramlea, Castlemore, Hanover,  City Center, Mayfield Rd, Eden brook, Fair Hill Rd, Brisdale Dr, Sugar Hill, Airport Road, Gore Road, Gore Temple, Mcveen, Sandalwood Parkway, 410 and Williams Parkway, Kennedy Road, Linkdale, Royal Salisburry Way, Malta, Ray Lawson, Near Sheridan college & Fletcher Sportsplex, Mainstreert Downtown Brampton, Near Go Station, Conservation Dr, Airport Road and Bovaird/410, Mcoveen Road, Gore Road near Hindu Sahba  Temple, Torrance woods, Mavis Road, Torbram Road, Chingoacousy Road, Jamespotter Financial Dr, Main St, Downtown Brampton,

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* If you are a self employed, please check for details with your Mortgage Broker or Lender.

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