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. Upload a term sheet if you have one.
CMHC Premium Calculator
Surcharge applies beyond 25 years
LTV band ≤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% |
LendCity™ Mortgages
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This CMHC Premium Calculator is just the beginning. Our team of specialists is ready to help you structure your next deal for maximum growth and cash flow.
Contact Information
+1 (226) 783-1640
scott@lendcity.ca
4769 Wyandotte St E
Windsor, ON N8Y 1H8
lendcity.ca
Points take 10, 20, or 30% off
Surcharges stack first. MLI Select then discounts that subtotal at 50, 70, and 100 points. Construction uses a higher base than purchase/refinance.
Qualifies for Select
Enhanced tier
Maximum discount
Have capital to put to work?
LendCity™ connects capital providers with secured private mortgages and development partnerships — separate from borrowing for your next purchase.
How to use this premium calculator
Premium is a function of loan, LTV, amortization, program, Select tier, transaction type, and a few surcharges. Size proceeds first, then price the insurance.
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Size the loan
Use the MLI max-loan calculator (upload a rent roll if you have one) so LTV and points are real.
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Pick program and tier
Standard has no discount. Select discounts 10 / 20 / 30% at 50 / 70 / 100 points after surcharges.
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Add surcharges
Amortization beyond 25 years, non-residential share, second mortgage, and EGI-not-met (purchase/refi only).
What changed in the premium grid
CMHC replaced flat MLI Select pricing with an LTV-tiered base shared with MLI Standard. Select still earns a tier discount — but it is a discount off the new stack, not a return to the old ~2.55% world.
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Base + surcharges first
CMHC adds the LTV-band base and every surcharge, then applies the Select discount to that subtotal.
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Then the Select discount
10% at 50 points, 20% at 70, 30% at 100+. No discount on Standard.
Loan, LTV, amort, and points
If any one of those four is wrong, the premium is wrong. Upload a term sheet when you have one instead of guessing LTV.
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LTV band
The July 2025 base rate steps up as leverage rises. Construction uses a higher column than purchase/refi. · Loan / value (or cost)
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Amortization surcharge
+0.25% per 5 years above 25, including Select. · ((amort − 25) / 5) × 0.25%
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Select discount
Applied after the surcharge stack. · 10% / 20% / 30% at 50 / 70 / 100 pts
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Non-residential
Pro-rata +1.00% surcharge on the commercial share. · +1.00% × non-res %
How to read a result
Treat the output as an insurance cost to layer onto the max-loan model — not as a payment quote. Capitalizing the premium raises the funded loan and can bump you into the next LTV band if you are tight to a cap.
| Size first | MLI max-loan calculator (NOI, points, program) |
|---|---|
| Price second | This page (loan, LTV, amort, tier, surcharges) |
| Binding number | Lender / CMHC invoice after underwriting |
Do not use 4.5% as a default rate on an assumption file. Assumptions are sized at the in-place note rate on the max-loan model; this page only prices insurance.
Related CMHC tools
next steps
CMHC premium FAQs
How the July 2025 premium grid works and how to use this calculator with your deal model.
Using this calculator
Premium basics
Related CMHC tools
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