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Toronto Realtor with Condos & Houses For Sale. A Toronto Real Estate Site providing Realtors MLS home & condo listings in North York, Markham, Downtown etc. New or Resale Condo MLS listing info from Century 21 Real Estate Agents for Home Buyers, Home Sellers or Condo Investing

Ram Rajendram , B.Sc., CA ,  Toronto Real Estate Broker

Direct: (416) 737-7700    24 Hr Pager: (416) 733-2666

 

CMHC Premium Calculator

This Calculator will help you to determine the CMHC premium for various levels of home downpayment. Please note that you don't have to pay a premium if you put at least 20% of the purchase price as a downpayment. The premium for anything less than 20% down increases as the amount of downpayment decreases. The premium amount is added to your mortgage and is amortized over the term of the mortgage

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 http://www.cmhc.ca


Note: PST is due the date of closing and is not rolled into a mortgage.
Purchase Price: $
Downpayment: $
Total CMHC: $
Total PST: $



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