Free Tool
Mortgage Renewal Impact Calculator
See how much your monthly payment will change at renewal — and how shopping your rate can reduce the shock.
New for 2026
Renewing in the 2026 wave? Use the Renewal Shock Simulator.
We check straight-switch eligibility (the OSFI Nov-2024 exemption that lets uninsured renewals skip the stress test) and compare your projection against the live best-available market rate.
Open the 2026 simulator →Your existing rate (e.g. 2.50)
Payment Comparison
Your current payment
$2,214.91/mo
at 2.50%
Typical lender renewal offer
$2,748.83/mo
at 4.79%
Monthly increase
+$533.92/mo
But here is the good news
By shopping your renewal instead of accepting your lender's offer, you could reduce this increase significantly.
Lender's typical offer
$2,748.83/mo
at 4.79%
Best available rate
$2,543.64/mo
at 3.94%
Monthly savings from shopping
$205.19/mo
$12,311 saved over 5 years
Find Your Best Renewal Rate
Compare offers from our lender network. It takes under two minutes and there is no obligation.
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This calculator provides estimates for informational purposes only. Actual rates and payments depend on your full financial profile and lender approval. Rates shown are based on current market data and are subject to change without notice.