Model any CMHC multi-unit deal.
22 integrated tools that replicate how an approved CMHC lender actually underwrites. Score your MLI Select project, size the loan against all three constraints, compute the post-July 2025 premium, stress-test against rate shocks, model construction draws, and compare every refinance or renewal scenario.
Results are estimates for educational purposes. Confirm all program terms with CMHC and an approved lender.
Size the loan, check the returns.
LTV/LTC, minimum DCR and program cap simultaneously. Highlights the binding constraint.
Given a target loan and rate, what NOI is needed at DCR 1.10 / 1.20 / 1.30?
What occupancy % covers debt service and opex? Margin vs market vacancy.
Build NOI, compute cap rate, or solve for implied value with sensitivity.
Yearly/monthly amortization with cumulative interest, balance at term, CSV download.
Leveraged vs unleveraged yield, equity multiple at 5/10/20-year hold.
Compare paths and stress the deal.
NOI, debt service, P+I split, DCR, balance over the holding period. CSV export.
+50 to +300 bps scenarios — DCR impact, cash flow impact, payment shock.
Projected balance + debt service at renewal under rate scenarios and amort resets.
MLI Select vs. MLI Standard vs. conventional — max loan, equity, cash flow.
When CMHC premium pays for itself — 10-year interest cost and cash-on-cash.
Max loan, premium, cash-out vs equity-in, DCR, cash-on-cash for each path.
Price the insurance and structure the refi.
LTV-tiered premium with amortization, non-residential, second-mortgage, EGI surcharges.
Stepped 75% → 20% credit declining over seven years since original insurance.
Max new loan, premium credit applied, net cash after payoff and closing costs.
Provincial PST on CMHC premium — ON 8%, QC 9.975%, SK 6%, MB 7%.
Score, optimize, size affordability.
Affordability, energy, accessibility scoring with the 20-year bonus.
All scoring combinations ranked by ease, cost, and affordability concession.
Units, rent concession and NOI impact to hit 50 / 70 / 100 by CMA.
Unit-mix current vs market rents; MLI Select qualification test per unit.
Model the build and the stack.
50/75/85% advance curve, interest reserve, takeout loan size required.
Federal loan + forgivable + municipal incentive = residual equity required.
What's under the hood.
Premium grid reflects the July 14, 2025 overhaul (LTV-tiered with amortization surcharges now applied to MLI Select). Loan sizing uses monthly-compounded debt service as a simplification of Canadian semi-annual compounding; impact on typical CMHC-insured payments is under 5 basis points. Point scoring uses CMHC's published thresholds with the 20-year commitment bonus of 30 points. Minimum DCR, max LTV and amortization for MLI Select come from the published tier grid (50 / 70 / 100 points). Rental achievement holdbacks reflect July 3 2025 policy removing holdbacks for MLI Market Rental.