Simplii Financial mortgage rates
Simplii Financial's lowest 5-year fixed rate on its own website was 5.34% (not split by down payment) when we read it on Nov 13, 2026. Its posted 5-year rate was 6.49%, 1.15 points higher. Its lowest variable was 4.45%. The lowest comparable rate we collected anywhere was 4.59% at ATB Financial.
What are Simplii Financial's mortgage rates by term?
| Term | Lowest special / advertised | Posted | Gap | Payment at special | Payment at posted |
|---|---|---|---|---|---|
| 2-year | 4.84% | 5.24% | 0.40 pts | $2,862.65 | $2,976.71 |
| 3-year | 5.09% | 6.14% | 1.05 pts | $2,933.69 | $3,240.76 |
| 4-year | 5.24% | 6.19% | 0.95 pts | $2,976.71 | $3,255.72 |
| 5-year | 5.34% | 6.49% | 1.15 pts | $3,005.55 | $3,346.09 |
| 7-year | — | 6.30% | — | — | $3,288.73 |
| 10-year | — | 6.79% | — | — | $3,437.49 |
What does Simplii Financial's 5-year rate cost on $500,000?
| Simplii Financial special | 5.34%read Nov 13, 2026 |
|---|---|
| Simplii Financial posted | 6.49% |
| Mortgage | $500,000, 25 years, 5-year term |
| Monthly payment, lower → higher rate | $3,005.55 → $3,346.09 |
| Interest difference over 5 years | $27,783 |
Open this example in the calculator →Computed Nov 13, 2026.
Which Simplii Financial rates did we collect, and from which page?
| Term | Type | Insured | Kind | Rate | Fine print (the lender's words) | Source |
|---|---|---|---|---|---|---|
| 2-year | Fixed | Not split | special | 4.84% APR 4.86% | — | page as of Nov 13, 2026 |
| 2-year | Fixed | Not split | posted | 5.24% | — | page as of Nov 13, 2026 |
| 3-year | Fixed | Not split | special | 5.09% APR 5.11% | — | page as of Nov 13, 2026 |
| 3-year | Fixed | Not split | posted | 6.14% | — | page as of Nov 13, 2026 |
| 4-year | Fixed | Not split | special | 5.24% APR 5.26% | — | page as of Nov 13, 2026 |
| 4-year | Fixed | Not split | posted | 6.19% | — | page as of Nov 13, 2026 |
| 5-year | Variable | Not split | special | 4.45% APR 4.47% | — | page as of Nov 13, 2026 |
| 5-year | Variable | Not split | posted | 4.70% | — | page as of Nov 13, 2026 |
| 5-year | Fixed | Not split | special | 5.34% APR 5.36% | — | page as of Nov 13, 2026 |
| 5-year | Fixed | Not split | posted | 6.49% | — | page as of Nov 13, 2026 |
| 7-year | Fixed | Not split | posted | 6.30% | — | page as of Nov 13, 2026 |
| 10-year | Fixed | Not split | posted | 6.79% | — | page as of Nov 13, 2026 |
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 Simplii Financial charge to break a mortgage early?
Prepayment and penalties
We didn't find Simplii Financial's penalty method on the pages we read. It's in your mortgage contract's information box.
Check a Simplii Financial posted-rate IRD · full penalty calculator on BankMortgages.ca
About this lender
Digital lender lending across Canada. Prime rate 4.70% as stated on its site (as of Nov 13, 2026).
MortgageRateToday.ca isn't affiliated with Simplii Financial and isn't paid by any lender.
Frequently asked questions
What is Simplii Financial's 5-year fixed mortgage rate?
On Nov 13, 2026, Simplii Financial's own website showed 5.34% (special/advertised) 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 Simplii Financial's variable mortgage rate?
The lowest closed variable rate on its page was 4.45% for a 5-year term, with Simplii Financial's prime at 4.70%.