L'assurance vie est-elle obligatoire pour obtenir une hypothèque?

Non, l'assurance vie n'est pas obligatoire pour obtenir un prêt hypothécaire au Québec. Seule l'assurance habitation est exigée par les prêteurs. Cependant, l'assurance vie est fortement recommandée pour protéger votre famille du fardeau du prêt en cas de décès.

Vaut-il mieux prendre l'assurance vie de la banque ou un courtier?

Une assurance vie individuelle via courtier est presque toujours plus avantageuse: prix inférieur de 30 à 50 %, couverture qui ne diminue pas avec le solde du prêt, transférable si vous changez de banque, et bénéficiaire choisi par vous.

Combien coûte une assurance vie hypothécaire au Québec?

Une assurance vie temporaire de 500 000 $ sur 25 ans coûte entre 20 $ et 80 $ par mois pour un adulte non-fumeur en bonne santé. Le prix varie selon l'âge, l'état de santé, le statut tabagique et la durée du terme.

Quelle est la différence entre vie temporaire et permanente pour une hypothèque?

L'assurance vie temporaire (T20, T25, T30) couvre une période définie au coût le plus bas — c'est le choix le plus populaire pour couvrir une hypothèque. L'assurance vie permanente couvre toute la vie et accumule une valeur de rachat, mais coûte 5 à 10 fois plus cher.

Quel est le calcul exact du paiement hypothécaire au Canada?

Au Canada, les hypothèques utilisent une capitalisation semestrielle. La formule générale est M = P × r(1+r)^n / ((1+r)^n − 1), où r est le taux périodique converti et n le nombre total de paiements.

Le paiement aux deux semaines est-il vraiment plus avantageux?

Un paiement aux deux semaines accéléré équivaut à un paiement mensuel divisé par 2, soit 26 paiements par année au lieu de 24. Cette stratégie peut réduire l'amortissement de 3 à 5 ans et économiser plusieurs dizaines de milliers de dollars en intérêts.

Quelle mise de fonds minimum au Québec en 2026?

Au Québec en 2026: 5 % sur les premiers 500 000 $ du prix d'achat, 10 % sur la portion entre 500 001 $ et 1 500 000 $, et 20 % au-delà de 1,5 M$. Une mise de fonds inférieure à 20 % exige une assurance prêt SCHL.

Que se passe-t-il avec mon hypothèque si je deviens invalide?

Sans assurance invalidité, vous demeurez responsable de vos paiements. Une assurance invalidité ou maladie grave couvre vos paiements hypothécaires si vous ne pouvez plus travailler.

FREE CALCULATOR 2026

Mortgage Calculator

Estimate your monthly payment, total interest and the true cost of your mortgage in 5 seconds. 100% free tool, designed for Quebec.

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The Assur360 mortgage calculator allows you to quickly estimate the periodic payment of a mortgage loan based on the amount borrowed, the interest rate and the amortization period. Designed for Quebec residents, it helps you plan the purchase of your property and choose the right mortgage life insurance coverage for your loan.

🏠

Calculate my mortgage payment

Loan Amount ($)

Down payment ($)

Interest rate (%)

Amortization (years)

Payment

YOUR ESTIMATE

Monthly payment

$1,441

Total interest

$192,213

Total cost

$432,213

💡 Did you know? Mortgage life insurance pays off your loan in the event of your death. Save up to 50% by going through a broker from our partner firms instead of your lender.

Get my mortgage life insurance quote→

💡

Broker’s advice

Before you sign your mortgage, compare individual life insurance to your lender. Independent life insurance is often 30-50% cheaper, owned by you (transferable if you switch banks), and coverage remains fixed instead of decreasing with the balance of the loan.

How does the mortgage payment calculation work?

The periodic payment of a mortgage is calculated according to a standard mathematical formula that spreads the principal and interest over the entire amortization period. Here are the key things to understand.

STANDARD FORMULA

M = P × r(1 + r)ⁿ ⁄ (1 + r)ⁿ − 1

where M = periodic payment, P = borrowed capital, r = periodic rate, n = total number of payments

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Interest rates

The higher the rate, the higher the payment. A 0.5% change over 25 years can add up to more than $25,000 in interest.

⏱️

Payback period

A longer period (30 years) reduces the monthly payment but greatly increases the total cost of interest paid.

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Down payment

A down payment of 20% or more avoids CMHC loan insurance and reduces your monthly payment.

Examples of payments by scenario

$$$$$$

Loan Rate		Term	Payment / month	Total interest
$200,0005.25	%	25 years	$1,192	157,581
$300,0005.25	%	25 years	$1,788	236,372
$400,0005.25	%	25 years	$2,384	315,162
$500,0005.25	%	25 years	$2,980	393,953
$300,0005.25	%	15 years	$2,410	133,758
$300,0005.25	%	30 years	$1,656	296,235

*Indicative estimates based on a fixed rate of 5.25% and the calculator above. The actual rate offered depends on your file and lender.

5 steps to using the calculator properly

Estimate the price of the property

Indicate the total amount of your purchase (before transfer taxes, notary fees and inspection).

Enter your down payment

In Quebec, the minimum is 5% on the first $500,000 and 10% on the portion between $500,001 and $1 million.

Choose a realistic interest rate

Look at the Bank of Canada’s posted rates and add the banks’ usual margin (1.5 to 2 per cent).

Select the amortization period

25 years is the norm. 30 years is possible with a down payment of 20% or more, but costs more in interest.

Compare payment frequencies

An accelerated bi-weekly payment can save 3 to 5 years of amortization and tens of thousands in interest.

PROTECT YOUR LOAN

Your mortgage deserves the right insurance

Compare the prices of 15+ life insurers in Quebec in 3 minutes. A broker from our partner firms Assur360 will assist you free of charge.

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Complementary coverage to your mortgage

A mortgage commits your family for 25 years. Three types of insurance coverage help secure your investment and that of your loved ones.

🛡️ Mortgage Life Insurance

Pays off the balance of your loan if you die. Individual life insurance is usually more advantageous than the one offered by your lender.

Get a → Quote

🏠 Home insurance

Mandatory to obtain a mortgage loan in Quebec. It protects your building, your belongings and your civil liability.

Get a → Quote

⚕️ Disability & Critical Illness Insurance

Guarantees your mortgage payment if illness or accident prevents you from working. Often overlooked, but essential.

Available throughout Quebec

Assur360 brokers support home buyers in Montreal, Quebec City, Laval, Sherbrooke, Gatineau, Trois-Rivières, Saguenay, Lévis, Drummondville and Thetford Mines. Whether you are buying in an urban or rural area, the brokers of our AMF-certified partner firms will find the mortgage life insurance best suited to your profile.

Frequently asked questions

Is life insurance mandatory to get a mortgage?

No, life insurance is not mandatory to get a mortgage in Quebec. Only home insurance is required by lenders. However, life insurance is highly recommended to protect your family from the burden of the loan in the event of your death.

Is it better to take life insurance from the bank or a broker?

Individual life insurance via broker is almost always more advantageous: 30 to 50% lower price, coverage that does not decrease with the balance of the loan, transferable if you change banks, and beneficiary chosen by you (and not the bank).

How much does mortgage life insurance cost in Quebec?

A 25-year, $500,000 term life insurance costs between $20 and $80 per month for a healthy non-smoking adult. The price varies depending on age, health status, smoking status, and length of term.

What is the difference between term and permanent life for a mortgage?

Term life insurance (T20, T25, T30) covers a set period of time at the lowest cost — it’s the most popular choice for covering a mortgage. Permanent life insurance covers the entire life and accumulates cash value, but costs 5 to 10 times more.

What is the exact calculation of the mortgage payment in Canada?

Mortgages in Canada use semi-annual capitalization. The general formula is M = P × r(1+r)^n / ((1+r)^n − 1), where r is the converted periodic rate and n is the total number of payments. Our calculator applies this formula to provide a reliable estimate.

Is the bi-weekly payment really cheaper?

An accelerated bi-weekly payment is equivalent to a monthly payment divided by 2, or 26 payments per year instead of 24. This strategy can reduce the amortization by 3 to 5 years and save tens of thousands of dollars in interest over the life of the loan.

What is the minimum down payment in Quebec in 2026?

In Quebec in 2026: 5% on the first $500,000 of the purchase price, 10% on the portion between $500,001 and $1,500,000, and 20% above $1.5 million. A down payment of less than 20% requires CMHC loan insurance.

What happens to my mortgage if I become disabled?

Without disability insurance, you remain responsible for your payments. Disability or critical illness insurance covers your mortgage payments if you can no longer work. An Assur360 broker can help you build comprehensive coverage at a great price.

Why trust Assur360?

✓AMF certified firm

✓ Member of the Insurance Chamber

✓15+ Life Insurers Compared

✓100,000+ submissions processed

✓Independent brokers

✓100% Quebec service

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Last updated: September 2, 2026

Bessie M

Bon service professionnel pour assurance auto.

Adelina C

Bon service sympatique pour mon renouvellement pour assurance de ma maison en ligne.

Jana B

recommande

Ça s’est fait vite et sans problème. J’ai reçu mes documents rapidement aussi. Bonne expérience avec Nancy, merci!

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En quelques minutes j’ai pu voir plusieurs offres et choisir celle qui me convenait le mieux.

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