GE/CMHC Premiums

These are calculated as a percentage of the mortgage amount and depend on the amount of down payment. The lower the down payment, the higher the fees. These fees are usually added to the loan amount.

Down Payment                  Premium

                                  20%-24.99%                                   1.00%

                                  15%-19.99%                                   1.75%

                                  10%-14.99%                                    2.00%

                     Borrowed Down Payment                          2.90%