CMHC Calculator

Guiding You Home, Every Step of the Way

Estimate your mortgage payments and see how CMHC mortgage default insurance can affect your total mortgage amount. Adjust the purchase price, down payment, rate, and amortization to get a quick payment estimate—then use it as a starting point for your home buying plan.

Mortgage + CMHC Insurance Calculator

Estimate payments and add default insurance when applicable.

Inputs

Results

Your payment would be
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Total mortgage (incl. financed premium)
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Base mortgage (price − down)—
Default insurance premium—
Provincial tax on premium (paid at closing)—
Minimum down payment (rule-of-thumb)—
Tip: Default insurance is typically required when down payment is under 20% for homes ≤ $1.5M.
Disclaimer: estimates only. Confirm exact numbers with your lender/insurer.
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.