Calculating Mortgage insurance premium
CHMC (Canadian Mortgage and Housing Corp)
65% or less – 0.50% of loan Amnt
75% or less – 0.65% of loan Amnt
80% or less – 1.00% of loan Amnt
85% or less – 1.75% of loan Amnt
90% or less – 2% of loan Amnt
95% or less – 3.25% of loan Amnt