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Insurer premium calculator

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

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Create a free account to save scenarios, compare options, and share results inside a secure dashboard 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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Insurer premium calculator

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

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

Turn this purchase result into a plan

Pair the calculator output with the right buyer guide, then pressure-test lender fit, down payment, and closing-day cash before you make an offer.

Guides

Read the Canada-specific playbook before you commit to the next step.

Execution

Use the broker workflow, rates pages, or secure dashboard to move from estimate to action.

Save and compare scenarios

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

Want to verify how Pragmatic handles your data and guidance? Review Privacy, Disclosures, Security, and Editorial policy.

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.