CMHC Tools
CMHC Premium Calculator
Model CMHC insurance premiums on the July 14, 2025 LTV-tiered grid — including amortization surcharges that now apply to MLI Select, plus tier-based discounts at 50, 70, and 100 points.
CMHC Premium Calculator
July 14, 2025 LTV-tiered grid with amortization surcharges and MLI Select tier discounts.
Second mortgage
Adds +0.50% flat
EGI not met at first advance
Purchase/refinance only. Adds +0.25%. Not applicable to construction.
≤85% → purchase/refi base 5.35%
| LTV band | Purchase / refi | Construction |
|---|---|---|
| ≤65% | 2.60% | 3.25% |
| ≤70% | 2.85% | 3.75% |
| ≤75% | 3.35% | 4.25% |
| ≤80% | 4.35% | 5.00% |
| ≤85% | 5.35% | 6.00% |
| ≤90% | 5.90% | 6.75% |
| >90% | 6.15% | 7.00% |
Effective premium
4.62%
= $462,000 on $10,000,000
Subtotal 6.60% × (1 − 30% MLI Select discount)
Premium stack
Base (≤85%)5.35%
Amortization (50 yrs)+1.25%
Non-residential (0%)—
Second mortgage—
EGI not met—
Subtotal6.60%
MLI Select discount (100 pts)− 30%
Effective premium4.62%
Premium $$462,000
Per July 14, 2025, amortization surcharges now apply to MLI Select. A 100-point project at 95% LTV / 50-year amort pays roughly 4.6% vs. the old flat ~2.55%. Estimates only — confirm with CMHC and your lender.
Related CMHC tools
Trusted by Investors
What Our Clients Say
CMHC premium FAQs
How the July 2025 premium grid works and how to use this calculator with your deal model.
Premium basics
CMHC replaced flat MLI Select pricing with an LTV-tiered grid shared with MLI Standard. Amortization surcharges (+0.25% per 5 years beyond 25) now apply to MLI Select for the first time. MLI Select tier discounts of 10%, 20%, and 30% still apply at the 50-, 70-, and 100-point levels — but on top of the new base grid, not instead of it.
CMHC sums the base premium and all surcharges first, then applies the MLI Select tier discount (10%, 20%, or 30%) to that subtotal. A 100-point deal at 85% LTV with 50-year amortization typically lands near 4.6% effective premium — far above the old flat ~2.55% regime.
Yes. CMHC applies a +1.00% surcharge proportionally to the non-residential share of the loan. Ten percent non-residential GFA adds +0.10% to the premium stack.
Construction premiums run roughly 0.65% higher than purchase/refinance at the same LTV band. The +0.25% EGI-not-met-at-first-advance surcharge applies to purchase/refinance only — it is not applicable to construction financing.
Using this calculator
Use MLI Select if you're scoring affordability, energy, or accessibility points. Use MLI Standard for stabilized acquisitions with no points pathway. Both programs now share the same LTV-tiered base grid as of July 2025.
Run the CMHC MLI max loan calculator first to size proceeds and points tier, then plug the loan amount, LTV, amortization, and tier into this premium calculator for the insurance cost.
Still have questions? Talk to an expert.
Contact Us