Wednesday February the 8th, 2012

PAUL ADE

REALTOR / Associate

Calgary Office: 403-770-9067 Toronto Office: 416-900-3640

CMHC Calculator

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: HST is due the date of closing and is not rolled into a mortgage.

Mortgage Insurance Premiums Explained

The CMHC Mortgage Loan Insurance premium is calculated as a percentage of the loan and is based on the size of your down payment. The higher the percentage of the total house price/value that you borrow, the higher percentage you will pay in insurance premiums.

Loan-to-Value	Premium on Total Loan		Premium on Increase to Loan Amount for Portability and Refinance
Loan-to-Value	Standard Premium	Self-Employed without 3^rd Party Income Validation	Standard Premium	Self-Employed without 3^rd Party Income Validation**
Up to and including 65%	0.50%	0.80%	0.50%	1.50%
Up to and including 75%	0.65%	1.00%	2.25%	2.60%
Up to and including 80%	1.00%	1.64%	2.75%	3.85%
Up to and including 85%	1.75%	2.90%	3.50%	5.50%
Up to and including 90%	2.00%	4.75%	4.25%	7.00%*
Up to and including 95%	2.75%	N/A	4.25%*	*
90.01% to 95% — Non-Traditional Down Payment***	2.90%	N/A	*	N/A
Extended Amortization Surcharges
Greater than 25 years, up to and including 30 years: 0.20%

MLS® data displayed is deemed reliable but is not guaranteed accurate by CREB®. Data last updated on 2012-02-03.

MLS® data displayed is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton (Edmonton Real Estate Board). Data last updated on 2012-02-03.

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