Simplii Financial Mortgage Rates

Compare current Simplii Financial mortgage rates in Canada

Simple, no-fee banking with competitive mortgage rates.

By Andrew · Last reviewed October 14, 2026Sources: the lender’s public rate pages, collected into the table on this page. Confirm the contract rate, fees, and eligibility with the lender before you apply.

Best Simplii Financial Rates

Lowest rates by product type

5-Year Fixed

Insured

No rate available

5-Year Fixed

Uninsured

5.34%

Uninsured

View Rate

5-Year Variable

Insured

No rate available

5-Year Variable

Uninsured

4.20%

Uninsured

View Rate

Rate Overview

Best rate for each term and product type

Best Not offered

Term	Fixed Insured	Fixed Uninsured	Variable Insured	Variable Uninsured
2 years	—	4.84%	—	—
3 years	—	5.09%	—	—
4 years	—	5.24%	—	—
5 years	—	5.34%	—	4.20%

Fixed Rate Mortgages

Lock in your rate for the term of your mortgage

2 years

1 option

Best Rate

Uninsured

4.84%

Get This Rate

3 years

1 option

Best Rate

Uninsured

5.09%

Get This Rate

4 years

1 option

Best Rate

Uninsured

5.24%

Get This Rate

5 years

1 option

Best Rate

Uninsured

5.34%

Get This Rate

Variable Rate Mortgages

Rates change with the prime rate

5 years

1 option

Best Rate

Uninsured

4.20%

Get This Rate

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Mortgage Negotiation Guide

Negotiating your rate could save thousands, depending on your mortgage.

Learn More

About Simplii Financial

Simplii Financial, a division of CIBC, delivers a straightforward digital banking experience with competitive mortgage rates and no monthly account fees. Simplii offers both fixed-rate and variable-rate mortgages with special discounted rates for high-ratio insured mortgages. Borrowers benefit from the ability to convert variable rates to fixed at any time and make annual prepayments up to 20% without penalty. With dedicated CIBC mortgage specialists handling applications, Simplii combines the personal touch of a major bank with the convenience of online-only banking. Their mortgage calculators and educational resources help first-time buyers understand affordability and payment options.