For your reference, here is a quick guide to Premium Rates.

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  • LTV ≤ 80% – A .25% premium surcharge will be applied for every 5 years of amortization beyond the traditional 25-year mortgage amortization period
  • For Borrowed Down Payment Program (LTV 90.01-95%) the standard premium rate is 3.85% and the premium for portability/top-up is 5.65%

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  • LTV ≤ 80% – A .25% premium surcharge will be applied for every 5 years of amortization beyond the traditional 25-year mortgage amortization period