Mortgage calculators
Review how insured mortgage scenarios affect your purchase. The main calculator lets you compare down-payment thresholds, premiums, and financed mortgage balances on the same screen.
CMHC insurance affects more than eligibility. It changes the financed principal, the monthly payment, and sometimes the entire structure of the purchase you can support.
Premiums matter, but so do the knock-on effects: financed balance, amortization pressure, down-payment thresholds, and the interaction with other upfront costs. This page is built to point buyers toward that broader comparison.
This is especially useful when you are near a down-payment threshold, comparing first-home options, or trying to decide whether a higher down payment meaningfully improves the overall purchase outcome.
An insured setup may look better or worse depending on the total cash required and the rest of the recurring costs. MortgageComparator.ca keeps those tradeoffs on one screen instead of splitting them across separate calculators.
No. It is for planning and comparison only. Actual eligibility, insurance availability, and final premium treatment should be confirmed with the lender or broker.
Because the premium can change the balance you actually carry, which then changes the payment and the shape of the comparison across lenders or down-payment strategies.
No. It is useful for any buyer comparing scenarios where insured status may change affordability, cash needed at closing, or monthly pressure.