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Paragon Pragmatic Lending
1915 Foxtail Terrace, Kelowna BC V1P 1T9
BCFSA Brokerage License X301089
(778) 557-2144
[email protected]

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Copyright 2026 - All rights reserved. Paragon Pragmatic Lending.
Information is general and not legal, tax, or investment advice. Strategies like the Smith Manoeuvre (Maneuver) and cash or rental damming involve risk. Consult a qualified tax professional.
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Insurer premium calculator

Estimate default insurance premiums, PST, and total capitalized amounts.

Save + compare

Unlock the full calculator suite

Create a free account to save scenarios, compare options, and share results with your broker team.

  • Save unlimited scenarios and track changes over time
  • Compare rate options side by side with broker feedback
  • Export reports for underwriting or renewal planning
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Purchase price currency$
Down payment currency$

Insured mortgages max out at 25 years

Adjusts lender workflow but not the base premium rate.

Insurer premium calculator

Estimate default insurance premiums, regional taxes, and the total capitalized amount.

Save scenario

How this calculator works

Estimate mortgage default insurance premiums for high-ratio purchases.

Use it to understand total borrowing cost and monthly payment impact.

Inputs you will need

  • Purchase price and down payment
  • Amortization length
  • Province for premium tax (if applicable)

Assumptions and limitations

  • Uses published insurer premium tables.
  • Premiums may change over time.
  • Taxes on premiums apply in select provinces.

Example scenarios

10% down on $700k

Calculate premium and new mortgage balance.

Increase down payment

See how premiums drop as down payment rises.

Related tools

Minimum down paymentInsured ratesCash to close

Save and compare scenarios

Create a free account to save scenarios, compare options side by side, and share results with your broker team.

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Frequently asked questions

Do I pay the premium upfront?

Most borrowers add the premium to the mortgage balance.

Are premiums refundable?

Typically no, though some programs offer partial refunds.

Does amortization change the premium?

Yes. Longer amortizations can increase premiums.