Renewing soon?
See how much you could save by shopping your renewal instead of signing it.
Your renewal
Mortgage balance
Current rate5.50%
New rate available4.89%
Remaining amortization (yrs)
New term (yrs)
Interest saved over a 5-year term
$11,492
You save by switching lenders.
Current payment$2,737.57
New payment$2,604.80
Monthly savings$132.77
Rate difference0.61%
Estimates only. Not a commitment to lend. Switching lenders at renewal no longer requires re-qualifying under the stress test (since Nov 21, 2024).