Windsor–Essex Real Estate Tools
Free Real Estate
Calculators
Make confident buying decisions with tools built for Canadian buyers — accurate mortgage math, OSFI stress test, Ontario land transfer tax, and CMHC insurance, all in one place.
Mortgage Calculator
Affordability Calculator
Ontario Land Transfer Tax
CMHC Insurance Calculator
CMHC Insurance Calculator
Determine whether you need CMHC mortgage default insurance, your premium rate, the Ontario PST owed, and your total insured mortgage amount.
CMHC Premium Rates (2024)
| Down Payment | Standard Rate | 30yr Amort |
|---|---|---|
| 5% – 9.99% | 4.00% | 4.20% |
| 10% – 14.99% | 3.10% | 3.30% |
| 15% – 19.99% | 2.80% | 3.00% |
| 20% or more | No insurance | No insurance |
Ontario charges 8% PST on CMHC premiums (paid upfront, not added to mortgage).
CMHC Insurance Premium
$24,000
4.00% of insured mortgage
Insured Mortgage
$600,000
Total Mortgage
$624,000
Ontario PST (8%)
$1,920
Down Payment
7.69% ($50,000)
How it works
The CMHC premium is added to your mortgage and amortized over the life of the loan.
Ontario's 8% PST on the premium must be paid upfront at closing — it cannot be added to your mortgage.
Disclaimer: These calculators are provided for informational purposes only and do not constitute financial or mortgage advice. Results are estimates based on the inputs you provide and may differ from actual lender offers. Tax amounts and CMHC rates are based on 2024 figures and are subject to change. Always consult a licensed mortgage professional or financial advisor before making any real estate decisions.