Oliver PeleroWritten & reviewed by Oliver Pelero
Verified for 2026 CRA & IRCC Rules
Updated:

2026 CMHC Mortgage Insurance Comparison Calculator

Compare default mortgage insurance (CMHC/Sagen) premiums vs conventional 20%+ down payment

CMHC Insurance
Estimated CMHC Insurance Premium
$16,740 CAD

Total Loan Capitalized with Premium: $556,740 CAD

Complete 2026 Canadian Home Buyer Expenses & Rent vs Buy Guide

Compare Rent vs Buy monthly costs, project down payment savings timelines, and calculate CMHC premiums and land transfer taxes.

1

Claim First-Time Home Buyer Tax Rebates

First-time home buyers in provinces like Ontario and BC qualify for land transfer tax rebates of up to $4,000.

Frequently Asked Questions

How are Rent vs Buy, CMHC insurance premiums, and land transfer tax calculated in Canada for 2026?

CMHC premiums range from 2.8% to 4.0% for down payments under 20%. Land transfer taxes apply provincial rate brackets and rebates.

Official Government Sources

Methodology & Accuracy

All calculation formulas, threshold brackets, and point allocation tables in this tool are derived directly from official guidelines published by Canadian governing bodies (Government of Canada, CRA, IRCC, and provincial ministries).

Oliver Pelero

Oliver Pelero

Immigration & Finance Advisor

Specialist in IRCC regulatory policies and CRA tax guidelines. 10+ years helping newcomers and residents navigate Canadian financial and immigration systems.

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Legal Notice: Disclaimer: This tool is provided for educational and estimation purposes only. It does not constitute official tax, legal, financial, or immigration advice. Canadian regulatory and tax guidelines (CRA & IRCC) change periodically; always verify official criteria on government portals before submitting applications or making financial decisions.