Variable-Rate Mortgage

Get the lowest rate on the market!

The Variable-Rate Mortgage is offered at the 1-month rate + 0.00%¹ and is adjusted every month. That way, you enjoy a discount on the lowest possible rate on the market!

The Variable-Rate Mortgage with a fixed payment simplifies budget planning as it establishes the payment amount in advance while offering you the added advantage of paying off your balance more quickly whenever rates fall.

Take advantage of convenient payment terms

• Closed, 5-year term
• 1-month rate + 0.00%¹ adjusted monthly
• Fixed payment: this option facilitates budget planning and allows for a larger payment on principal. The fixed payment amount may be revised if it no longer covers current interest expenses.
• Can be converted into a fixed-rate mortgage for a term equal to or greater than the period remaining in the current term.
• The payment frequency can be monthly, every two weeks or weekly.

Opt for comprehensive coverage²

If you wish, you can add life, critical illness³ or disability insurance to your mortgage. For your convenience, the premiums are debited automatically from your account.

View our current rates

¹ Subject to change without notice.
² Certain conditions apply, particularly regarding eligibility.
³ This coverage is valid only in the event of an initial diagnosis of one of the following three conditions: cancer, stroke or heart attack (subject to certain exceptions) and is only offered to clients with life insurance from National Bank Insurance. This insurance is available only for National Bank mortgage loans and covers loan balances up to $500,000.