Down payment calculator
How much do you need down?
See your minimum down payment under Canadian rules, your loan-to-value, and whether you'll need default (CMHC) insurance.
Canadian minimums: 5% on the first $500,000, 10% on the portion from $500k–$1.5M, and 20% on homes over $1.5M (no default insurance available above $1.5M).
Minimum down payment
$50,000
6.7% of the price
Your down payment$75,000
Loan-to-value (LTV)90.0%
Default insuranceRequired
CMHC premium rate3.10%
Estimated premium$20,925
The CMHC premium is added to your mortgage, not paid upfront. Premium tiers are illustrative - confirm current CMHC/Sagen/Canada Guaranty rates.