# How does Eco Plus impact the 30-year amortization for first-time buyers?

> Eco Plus is compatible with the 30-year amortization option for first-time buyers, provided the property value is under $1,500,000 and the mortgage is insured.

Category: Strategy
Last verified: 2026-04-14
Source: https://ratellow.com/faqs/strategy/how-does-eco-plus-impact-the-30-year-amortization-for-first-time-buyers

## Answer
| Item            | Standard CMHC Premiums           | CMHC Eco Plus Benefit                |
|-----------------|-----------------------------------|--------------------------------------|
| Premium         | 2.80%–4.00% (based on LTV)        | 25% premium refund for eligible homes |
| Premium Refund  | Not available                     | 25% of premium refunded               |
| 30yr Amort      | Only for FTBs, <$1.5M, insured    | Only for FTBs, <$1.5M, insured        |
| Income Req      | Standard                          | Standard                              |

## Related guide
- https://ratellow.com/guides/cmhc-eco-plus-rebates

## Sources
- CMHC Eco Plus Official Program Page - CMHC — https://www.cmhc-schl.gc.ca/consumers/home-buying/mortgage-loan-insurance-for-consumers/cmhc-eco-products/cmhc-eco-plus
- CMHC Eco Improvement Official Page - CMHC — https://www.cmhc-schl.gc.ca/consumers/home-buying/mortgage-loan-insurance-for-consumers/cmhc-eco-products/cmhc-eco-improvement