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Policy rate 2.50% decision of Oct 28, 2026 (effective Oct 29)Prime 4.70% lenders' pages Nov 13, 20265-yr GoC bond 3.53% Nov 12, 20265-yr posted (big banks) 6.19% wk of Nov 11, 2026Next BoC decision Dec 9, 2026 38 days tracker
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Mortgage rate calculators

Short answer

Three calculators that turn a mortgage rate into dollars, all built on the same dated rate data: what a rate costs you over the term, what your lender's posted rates do to a penalty for breaking early, and how far prime would have to rise before a variable rate costs more than fixed.

Content checked How we collect and date rates
What would this rate cost me?Payment, interest over the term, balance at renewal and the gap between two rates, with a rate × amortization grid.Open →Posted-rate penalty checkThree months' interest vs IRD, using each lender's collected posted rates and the posted rate the month you signed.Open →Fixed vs variable break-evenRuns variable through Bank of Canada moves on the real calendar and solves for the move where variable loses.Open →
One rate, three questions
One rate, three questions: inputs, steps and result
Mortgage$500,000 at 4.50% fixed, 25 years
What it costs (5 years)$105,024interest in the term
A quarter point more+$5,992
Payment$2,767.36 a month

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How much house can I afford?GDS/TDS limits, the stress test and closing costs for your income.www.mortgageaffordabilitycalculator.ca →Mortgage stress test calculatorCheck the qualifying rate and the payment you must pass at.mortgagestresstestcalculator.ca →Is this a good rate?Paste an offer or renewal rate and see how it scores against benchmarks.isthisagoodrate.ca →Calgary mortgage calculatorPayments and costs for a Calgary purchase.calgarymortgagecalculator.ca →