Mortgage
Run the numbers.
A Canadian-rules calculator: semi-annual compounding, CMHC default-insurance premium and full amortisation.
$250,000 · 20%
5.24%
25 years
Estimated monthly
$5,953
Canadian fixed-rate, semi-annual compounding. CMHC insurance applied automatically when down payment is below 20%.
- Loan principal
- $1,000,000
- CMHC insurance
- $0
- Total interest
- $786,027
- Total cost
- $1,786,027