Meridian Credit Union mortgage rates
Meridian Credit Union's lowest 5-year fixed rate on its own website was 4.69% (insured) when we read it on Nov 13, 2026. Its posted 5-year rate was 6.49%, 1.80 points higher. Its lowest variable was 3.79%. The lowest comparable rate we collected anywhere was 4.34% at ATB Financial.
What are Meridian Credit Union's mortgage rates by term?
| Term | Lowest special / advertised | Posted | Gap | Payment at special | Payment at posted |
|---|---|---|---|---|---|
| 6-month | — | 7.84% | — | — | $3,765.14 |
| 1-year | — | 6.09% | — | — | $3,225.83 |
| 2-year | — | 5.74% | — | — | $3,122.17 |
| 3-year | 4.49% insured | 6.54% | 2.05 pts | $2,764.59 | $3,361.25 |
| 4-year | 4.79% | 6.19% | 1.40 pts | $2,848.54 | $3,255.72 |
| 5-year | 4.69% insured | 6.49% | 1.80 pts | $2,820.42 | $3,346.09 |
| 7-year | — | 6.89% | — | — | $3,468.19 |
| 10-year | — | 6.99% | — | — | $3,498.99 |
What does Meridian Credit Union's 5-year rate cost on $500,000?
| Meridian Credit Union special | 4.69%read Nov 13, 2026 |
|---|---|
| Meridian Credit Union posted | 6.49% |
| Mortgage | $500,000, 25 years, 5-year term |
| Monthly payment, lower → higher rate | $2,820.42 → $3,346.09 |
| Interest difference over 5 years | $43,406 |
Open this example in the calculator →Computed Nov 13, 2026.
Which Meridian Credit Union rates did we collect, and from which page?
| Term | Type | Insured | Kind | Rate | Fine print (the lender's words) | Source |
|---|---|---|---|---|---|---|
| 6-month | Fixed | Not split | posted | 7.84% APR 7.98% | The current Meridian Prime Rate is 4.70% as of October 29, 2026. s only date; the rate tables carry no date, so pageAsOf is null). APR basis: $300,000, 25-yr amortization, $300 … | page |
| 1-year | Fixed | Not split | posted | 6.09% APR 6.19% | The current Meridian Prime Rate is 4.70% as of October 29, 2026. s only date; the rate tables carry no date, so pageAsOf is null). APR basis: $300,000, 25-yr amortization, $300 … | page |
| 2-year | Fixed | Not split | posted | 5.74% APR 5.79% | The current Meridian Prime Rate is 4.70% as of October 29, 2026. s only date; the rate tables carry no date, so pageAsOf is null). APR basis: $300,000, 25-yr amortization, $300 … | page |
| 3-year | Fixed | Insured | special | 4.49% APR 4.37% | The current Meridian Prime Rate is 4.70% as of October 29, 2026. s only date; the rate tables carry no date, so pageAsOf is null). APR basis: $300,000, 25-yr amortization, $300 … | page |
| 3-year | Fixed | Not split | special | 4.84% APR 4.87% | The current Meridian Prime Rate is 4.70% as of October 29, 2026. s only date; the rate tables carry no date, so pageAsOf is null). APR basis: $300,000, 25-yr amortization, $300 … | page |
| 3-year | Fixed | Not split | posted | 6.54% APR 6.57% | The current Meridian Prime Rate is 4.70% as of October 29, 2026. s only date; the rate tables carry no date, so pageAsOf is null). APR basis: $300,000, 25-yr amortization, $300 … | page |
| 4-year | Fixed | Not split | special | 4.79% APR 4.82% | The current Meridian Prime Rate is 4.70% as of October 29, 2026. s only date; the rate tables carry no date, so pageAsOf is null). APR basis: $300,000, 25-yr amortization, $300 … | page |
| 4-year | Fixed | Not split | posted | 6.19% APR 6.22% | The current Meridian Prime Rate is 4.70% as of October 29, 2026. s only date; the rate tables carry no date, so pageAsOf is null). APR basis: $300,000, 25-yr amortization, $300 … | page |
| 5-year | Variable | Insured | special | 3.79% prime − 1.01 APR 3.81% | s prime 4.70% - 1.01% (= 3.69%); recorded as displayed. kind null: variable table is not labelled posted or special on the page (5-yr closed HR 3.79% is also shown under ). Vari… | page |
| 5-year | Variable | Not split | special | 3.99% prime − 0.81 APR 4.01% | s prime 4.70% - 0.81% (= 3.89%); recorded as displayed. kind null: variable table is not labelled posted or special on the page (5-yr closed HR 3.79% is also shown under ). Vari… | page |
| 5-year | Fixed | Insured | special | 4.69% APR 4.71% | The current Meridian Prime Rate is 4.70% as of October 29, 2026. s only date; the rate tables carry no date, so pageAsOf is null). APR basis: $300,000, 25-yr amortization, $300 … | page |
| 5-year | Fixed | Not split | special | 4.99% APR 5.01% | The current Meridian Prime Rate is 4.70% as of October 29, 2026. s only date; the rate tables carry no date, so pageAsOf is null). APR basis: $300,000, 25-yr amortization, $300 … | page |
| 5-year | Fixed | Not split | posted | 6.49% APR 4.76% | The current Meridian Prime Rate is 4.70% as of October 29, 2026. s only date; the rate tables carry no date, so pageAsOf is null). APR basis: $300,000, 25-yr amortization, $300 … | page |
| 7-year | Fixed | Not split | posted | 6.89% APR 6.90% | The current Meridian Prime Rate is 4.70% as of October 29, 2026. s only date; the rate tables carry no date, so pageAsOf is null). APR basis: $300,000, 25-yr amortization, $300 … | page |
| 10-year | Fixed | Not split | posted | 6.99% APR 7.00% | The current Meridian Prime Rate is 4.70% as of October 29, 2026. s only date; the rate tables carry no date, so pageAsOf is null). APR basis: $300,000, 25-yr amortization, $300 … | page |
Highlighted rows are the lowest special or advertised rate for that term and type among the rows shown. * = the lender's own prime rate plus its stated spread. Collected Nov 13, 2026; check the lender's page before relying on any rate.
How does Meridian Credit Union charge to break a mortgage early?
Prepayment and penalties
We didn't find Meridian Credit Union's penalty method on the pages we read. It's in your mortgage contract's information box.
“We call it 20/20 prepayment. Pay off up to 20% more of your mortgage each calendar year through a combination of prepaying more of your original principal balance and increasing your original mortgage payment.” Source
Check a Meridian Credit Union posted-rate IRD · full penalty calculator on BankMortgages.ca
About this lender
Credit union lending in ON. Prime rate 4.70% as stated on its site (as of Oct 29, 2026).
MortgageRateToday.ca isn't affiliated with Meridian Credit Union and isn't paid by any lender.
Frequently asked questions
What is Meridian Credit Union's 5-year fixed mortgage rate?
On Nov 13, 2026, Meridian Credit Union's own website showed 4.69% (insured) for a 5-year fixed and a posted 5-year fixed rate of 6.49%. Rates change often; check the lender's page.
What is Meridian Credit Union's variable mortgage rate?
The lowest closed variable rate on its page was 3.79% (prime − 1.01) for a 5-year term, with Meridian Credit Union's prime at 4.70%.
What prepayment privileges does Meridian Credit Union offer?
We call it 20/20 prepayment. Pay off up to 20% more of your mortgage each calendar year through a combination of prepaying more of your original principal balance and increasing your original mortgage payment. (from Meridian Credit Union's website).