")); ")); ")); "));
*Jason Gavadza and **Bernadette Gavadza
*Sales Representative, **Sales Representative

Keller Williams Referred Urban Realty Inc, Brokerage
Independently owned and operated

Lower-624 King St West, Toronto, Ontario M5V 1M7
Best mortgage rates in Canada
CMHC Calculator


About Mortgage Insurance

Financial institutions are required by law to insure all mortgages with a loan to value ratio of less than 80%. This insurance protects the lender against borrower default.

Note: Provicial Sales Tax (8%) is applicable on mortgage insurance premiums, is due the date of closing, and is not rolled into a mortgage. Mortgage insurance premiums are exempt from the full Harmonized Sales Tax.


Payment Information

$
$

Results

$
$

Mortgage Insurance Providers

CMHC

Canada Mortgage and Housing Corporation (CMHC) is Canada's national housing agency. Established as a government-owned corporation in 1946 to address Canada's post-war housing shortage, the agency has grown into a major national institution. CMHC is Canada's premier provider of mortgage loan insurance, mortgage-backed securities, housing policy and programs, and housing research. More about CMHC can be found at http://www.cmhc.ca

Genworth Financial

GE Mortgage Insurance Canada together, with its related affiliates, is the largest private sector mortgage insurance company in the world and the only private sector supplier of mortgage insurance in Canada. http://www.genworth.ca

Mortgage Insurance Premiums Explained

Mortgage loan insurance premiums are calculated as a percentage of the loan and is based on the size of your down payment. The higher the percentage of the total house price/value that you borrow, the higher percentage you will pay in insurance premiums.

Loan-to-Value Ratio
Up to and including 65%
Up to and including 75%
Up to and including 80%
Up to and including 85%
Up to and including 90%
Up to and including 95%
90.01% to 95% – Non-Traditional Down Payment
Standard Premium
0.60%
0.75%
1.25%
1.80%
2.40%
3.15%
3.35%

Office: 416-445-8855 Mobile: 647-219-SOLD (that's 7653)  Fax 416-445-4747 Direct Toll-Free 1-877-SUPR-BWL (that's 787-7295)

 

Free Home Evaluation?  

Want a List of All Homes that Come on the Toronto MLS each week by email?...

Contact Us!

 

Keller Williams Referred Realty Inc, Brokerage

each Office Independently Owned & Operated

156 Duncan Mill Rd #1 Toronto, ON M3B3N2 


 

     

Share

Email Newsletter icon, E-mail Newsletter icon, Email List icon, E-mail List icon Sign up for our Email Newsletter
For Email Marketing you can trust

Toronto Real Estate, Toronto Homes, Toronto Properties, Toronto Listings, Toronto Condos, Toronto Condominiums, Toronto Houses

 

Aurora Homes, , Aurora Properties, , Aurora Listings, , Aurora Real Estate, , Aurora Condos, , Aurora Condominiums, , Aurora Houses

 

Markham Homes, , Markham Properties, , Markham Listings, , Markham Real Estate, , Markham Condos, , Markham Condominiums, , Markham Houses

 

Newmarket Homes, , Newmaket Properties, , Newmarket Listings, , Newmarket Real Estate, , Newmarket Condos, , Newmarket Condominiums, , Newmarket Houses

 

Ontario Homes, Ontario Properties, Ontario Listings, Ontario Real Estate, Ontario Condos, Ontario Condominiums, Ontario Houses

 

Richmond Hill Homes, , Richmond Hill Properties, , Richmond Hill Listings, , Richmond Hill Real Estate, , Richmond Hill Condos, , Richmond Hill Condominiums, , Richmond Hill Houses

 

Thornhill Homes, , Thornhill Properties, , Thornhill Listings, , Thornhill Real Estate, , Thornhill Condos, , Thornhill Condominiums, , Thornhill Houses

 

Unionville Homes, , Unionville Properties, , Unionville Listings, , Unionville Real Estate, , Unionville Condos, , Unionville Condominiums, , Unionville Houses

 

Vaughan Homes, , Vaughan Properties, , Vaughan Listings, , Vaughan Real Estate, , Vaughan Condos, , Vaughan Condominiums, , Vaughan Houses

 

Barrie Homes, , Barrie Properties, , Barrie Listings, , Barrie Real Estate, , Barrie Condos, , Barrie Condominiums, , Barrie Houses

 

Toronto Real Estate News

Office: 416-572-1016  Fax: 1-866-204-1993  Direct Toll Free: 1-877-SUPR-BWL
Home  |  Top  |  Printer Friendly  |  +Bookmark  |  Privacy Policy
Powered by Lone Wolf Real Estate Technologies (CMS6)