CMHC Insurance Premium
Payable by the Purchaser on Existing & New Homes
Loan to House Value Ratio
(up to & including)
Premium
single advance
65%
0.50%
75%
0.75%
80%
1.25%
85%
2.00%
90%
2.50%
95%
3.75%
Example 1:
House Value: $ 200,000
Loan: $ 190,000
Loan to Value Ratio: 95%
Or CMHC Premium 3.75% of $190,000= $7125
Example 2:
Loan: $ 150,000
Loan to Value Ratio: 75%
Or CMHC Premium 0.75% of $150,000= $1125