05/27/2026
🏡 Considering purchasing a home but unsure about CMHC insurance? Here is a straightforward overview 👇
✅ 5% Down Payment = Highest CMHC premium
✅ 10% Down Payment = Reduced insurance cost
✅ 15% Down Payment = Greater savings
✅ 20% Down Payment = No CMHC insurance required 💰
A larger down payment can significantly reduce your insurance costs, potentially saving you thousands of dollars over the life of your mortgage.
Purchasing your first home does not have to be overwhelming. Whether you are in the early planning stages or ready to move forward, we are here to guide you through every step of the home-buying process.
📩 Feel free to send a message anytime with your questions.
Harry Chhilna
E4 Realty
📞 780-203-9230