Scenario Comparison · Conventional vs. Select vs. Standard
See exactly what CMHC buys you.
Same property, same NOI, same rate — three financing structures. The Helio Urban Development example in our guide shows the difference: roughly 7% cash-on-cash under conventional vs. ~32% under MLI Select, with ~$238K of capital recaptured at takeout.
Uninsured, no affordability
Conventional
Max loan
$10,568,807
Max LTV75%
Amortization25 yrs
Equity required$9,431,193
Annual debt service$760,000
Cash flow Y1$190,000
Cash-on-cash2.01%
DCR achieved1.25x
Total insurance premium—
Total interest over 10 yrs$4,909,672
Insured, no affordability
MLI Standard
Max loan
$14,679,785
Max LTV85%
Amortization50 yrs
Equity required$6,019,253
Annual debt service$831,250
Cash flow Y1$118,750
Cash-on-cash1.97%
DCR achieved1.14x
Total insurance premium$699,037 (5.00%)
Total interest over 10 yrs$7,518,254
Flagship — 30% premium discount
MLI Select (100 pts)
Max loan
$15,918,987
Max LTV95%
Amortization50 yrs
Equity required$4,748,276
Annual debt service$901,420
Cash flow Y1$48,580
Cash-on-cash1.02%
DCR achieved1.05x
Total insurance premium$667,263 (4.38%)
Total interest over 10 yrs$8,152,912
Capital recaptured (Select vs. Conv)
$4,682,918
How much less equity MLI Select requires vs. conventional.
Cash-on-cash lift
-0.99%
MLI Select minus conventional on the same NOI.
Insurance premium cost
$667,263
MLI Select 100-pt premium — what you're paying for the leverage lift.