Calculate CMHC, Sagen, and Canada Guaranty mortgage default insurance premiums and provincial sales tax on premiums (ON/QC/SK).
CMHC Insurance Premium Added to Mortgage
CHF 19'000.00
Rate: 4% | Total Loan with CMHC: CHF 494'000.00
Down Payment Amount (5%)
CHF 25'000.00
PST Due at Closing (Cash)
CHF 1520.00
Cannot be financed
CMHC Premium = (Price - Down Payment) × Premium Tier Rate (4.0% / 3.1% / 2.8%)Calculates the mandatory mortgage loan default insurance premium added to your mortgage, and the upfront provincial sales tax payable at closing in Ontario, Quebec, or Saskatchewan.
All calculations, amortizations, and scenario projections displayed on this page are strictly for informational and educational purposes. Nothing herein constitutes investment, financial, tax, or legal advice. Actual CRA tax brackets, provincial taxes, Bank of Canada rates, and lender criteria may vary. Calconova explicitly disclaims all liability for any decisions taken based upon these calculations. Consult a qualified financial advisor or CPA prior to executing financial commitments.
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