Question: Tammy has 5% as a down payment on her first home. She knows that this requires her, unfortunately, to obtain loan insurance through Canada Mortgage

Tammy has 5% as a down payment on her first home. She knows that this requires her, unfortunately, to obtain loan insurance through Canada Mortgage and Housing Corporation (CMHC) of 4%. Tammy made an offer on a home for $322,000. What is her mortgage loan insurance amount

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