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Old 04-13-2007, 03:00 PM   #2 (permalink)
Silverstoned
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The more you put down the better.

If you're putting down less than 25% you will be paying additional for mortgage insurance through the CMHC.

These are the rates for each bracket.
How much does it cost? | CMHC

Personally I'd say put down at least 15-20% of the house value. That's a personal choice though. You can do less but the CMHC will rape you.
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