Compare our mortgages
Compare our mortgages
Find the mortgage that's right for your borrower profile and the advantages of each option.
Find out what type of mortgage is right for youWhat is your borrowing profile?
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Cautious
- I want a stable rate and payments over time.
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Moderate
- I want stable payments.
- I can tolerate rate fluctuations that may help me pay down my mortgage faster.
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Bold
- I want to pay off my mortgage as quickly as possible.
- I can tolerate rate and payment fluctuations.
Mortgages with fixed rates and payments
| Type of mortgage | Closed Fixed-Rate | Open Fixed-Rate |
|---|---|---|
| Interest rate |
Stable until the end of the term. |
|
| Terms |
|
|
| Rate guaranteed at time of loan1? | Yes, until June 30, 2021 (limited-time offer) | |
| Prepayment possible without penalty? |
|
Yes, at any time, in whole or in part |
| Distinctive features |
|
Useful if:
|
Mortgages with variable rates and fixed payments
| Type of mortgage | Closed "5-in-1" Yearly Rate Resetter | Closed Protected Variable-Rate |
|---|---|---|
| Interest rate |
|
Fluctuates without exceeding a certain limit |
| Terms | 5 years | |
| Rate guaranteed at time of loan1? | Yes, until June 30, 2021 (limited-time offer) | No |
| Prepayment possible without penalty? |
|
|
| Conversion to a fixed rate without penalty? | Yes | |
| Distinctive features | One of the best fixed rates on the market | You benefit from rate decreases, while being protected from major rate increases. |
Mortgages with variable rates and payments
| Type of mortgage | Closed Reduced Variable-Rate | Open Regular Variable-Rate |
|---|---|---|
| Interest rate |
Follows the upward and downward fluctuations of the prime rate |
|
| Terms | 5 years |
|
| Rate guaranteed at time of loan2? | No | |
| Prepayment possible without penalty? |
|
Yes, at any time, in whole or in part |
| Conversion to a fixed rate without penalty? | Yes, at any time | |
| Distinctive features | Interest rates are usually lower than fixed rates. | Useful if you plan on moving or selling in the short term |
Combined mortgages tailored to your needs
Combine mortgages with different benefits to create a customized, hybrid mortgage that's perfect for you.
- Think green Are you buying a new construction or making green renovations? Get cashback, freebies, great rates and many more advantages with the Green Homes Program.
- Protect your heirs with Loan Insurance Ensure that your mortgage gets paid off in the event of disability or death.
Percentage of the smaller of the amounts of market value or property purchase. This percentage varies for second homes that are not accessible year-round.
- Certain conditions apply. Offer conditional upon credit approval. This offer may be changed or revoked at any time without notice. Depending on the mortgage loan you choose, the rate or rate spread is guaranteed until June 30, 2021. The rate guarantee becomes effective when the application is approved by Desjardins.
- Rate in effect on application date or upon signing mortgage with notary.