What Does Mortgage Default Insurance Cost You?
Under 20% down, you pay a 2.80% to 4.00% premium plus Ontario sales tax. On a $600,000 Ottawa home at minimum down: a $22,600 premium and $1,808 in tax.
Day: October 21, 2026
Under 20% down, you pay a 2.80% to 4.00% premium plus Ontario sales tax. On a $600,000 Ottawa home at minimum down: a $22,600 premium and $1,808 in tax.