Renewal Savings Calculator
See how much you could save on your mortgage renewal. Compare your current rate, your lender's offer, and the best available rates.
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The renewal rate your lender has offered you
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Check /compare for current best rates
Current Rate Payment
$2,395.37
At 5.50%
Offered Rate Payment
$2,299.94
At 5.00%
Best Rate Payment
$2,206.42
At 4.50%
Monthly Savings (vs. current)
$188.95
per month
Total Savings Over 5-Year Term
$11,337
over 5 years
These savings add up. Switching from your lender's offered rate to the best available rate saves you an additional $5,611 over a 5-year term compared to just accepting the renewal offer.
Find your best renewal rate
Compare offers from top Canadian lenders. Let us know you are renewing and we will match you with the best option.
Compare Renewal Rates