Latest Mortgage Rates Canada
Compare current rates from Canada's top lenders including Big 6 Banks and monoline lenders. Updated twice daily.
📋Current Mortgage
$
%
💰Penalty Estimate
%
Your lender's current posted rate for similar term
$
Legal fees, appraisal, etc.
✨New Mortgage
%
Current Best Rates
5-Year Fixed~3.64%
5-Year Variable~3.40%
Rates as of March 2026. Check current rates for accurate calculations.
⚠️ Consider Carefully
Break-even is 0 months - longer than your remaining term
Monthly Savings
$-4,946
Break-Even
N/A
Total Savings
$5,938
Cost Breakdown
Penalty$12,000
Closing Costs$2,000
Total Cost$14,000
Interest Comparison
Current (remaining)$64,104
New (full term)$44,166
Interest Savings$19,938