ID: com.cmhc
Version: 1.B.4
File Size: 0.2Mb
CDN Mortgage Insurance Premium Screenshots
CDN Mortgage Insurance Premium Description
This Calculator is to calculate the mortgage insurance premium for mortgages with default insurance in Canada. The calculations are based on CMHC's (Canada Mortgage and Housing Corporation) insurance premiums. We shall add supports for other Canadian mortgage insurers (GMI) later depending user demand.This calculator is developed for Canadians who are looking for a calculator app to calculate mortgage insurance premium.
We wish to keep this app upto date in future but that will depend on your feedback. We can only hope that you like it.
The calculator is in BETA stage. So, please use at your own risk.
What's new in CDN Mortgage Insurance Premium 1.B.4
Version 1.B.3 has bug fixesWe have updates the formula to calculate the latest CMHC premium according to its latest table.
Self employed stated income borrowers will no longer be insured by CMHC beginning end of May 2014.