Estimate a Canadian mortgage insurance premium using a principal and a single premium rate that you have verified. The calculator does not select a CMHC rate.
Annual premium = original principal × annual premium rate / 100. Total annual-mode cost = annual premium × years. Single premium = principal × single rate / 100.
A CAD 100,000 insured principal and a hypothetical one-off 3% premium produce CAD 3,000 before any provincial tax.
Loan-to-value, amortization and insurer rules can affect the premium. Provincial taxes on the premium and interest incurred when a premium is added to the loan are excluded. The example rate is hypothetical.
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Editorial responsibility: Nicolas Belotti · Methods and testing · Report an error
English edition: 16 September 2026.