pragmatic.

Canadian mortgage tools · CAD

Minimum Down Payment

Current public data and calculations from Pragmatic Mortgage. Anonymous access; no account required.

Minimum down payment

$300,000.00

You are $200,000.00 short of the minimum down payment.

Your results

minimum Percent
20.00
loan Amount
$1,200,000.00
ltv Percent
80.00
insured Eligible
No
requires Uninsured
Yes
available Down Payment
$100,000.00
breakdown
  1. label
    Entire purchase @ 20%
    amount
    $300,000.00
    rate Percent
    20.00
notes
  1. Homes at or above $1,500,000 are uninsured; lenders require 20% down.
  2. You are short $200000.00 to meet the minimum.
Scenario inputs
purchase Price
$1,500,000.00
available Down Payment
$100,000.00
occupancy
OWNER_OCCUPIED

Educational estimate only. Rates, qualification, taxes, fees, and lender policy can change; confirm a live file with a licensed mortgage broker.

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