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    MyMortgage.ca offers a variety of mortgage options for home buyers. Regardless of your circumstances, we can usually find a mortgage to suit your needs.
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    Don't let circcumstances prevent you from reaching your goals. MyMortgage.ca offers a number of mortgage products designed to suit your refinancing needs.
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Mortgage Insurance Premiums

The Insurance Premium is paid once, at the time of closing, and may be added onto the mortgage or paid separately.  The premium rate varies from 0.60% to 3.60% of the mortgage amount depending on the size of your down payment.  To calculate the premium, multiply the mortgage amount by the premium rate.

Premium Rates:


Loan to Value Ratio


Premium on Total Loan

Up to 65.00%



65.01 - 75.00%



75.01 - 80.00%



80.01 - 85.00%



85.01 - 90.00%



90.01 - 95.00%






Amortization Options

  • Maximum insured amortization is 25 years


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